June 10, 2020 / 12:18 PM / a month ago

BRIEF-Cofinimmo Adds 6 Healthcare Sites To Belgian Portfolio

June 10 (Reuters) - COFINIMMO SA:

* ADDS SIX HEALTHCARE SITES TO ITS BELGIAN PORTFOLIO THROUGH CONTRIBUTIONS IN KIND

* INVESTMENT OF APPROXIMATELY 105 MILLION EUR IN HEALTHCARE REAL ESTATE

* CONTRIBUTIONS IN KIND AMOUNT TO 98,520,698.88 EUR

* WITHIN THIS FRAMEWORK 825,408 NEW SHARES WERE ISSUED TODAY

* FOR ALL 6 ASSETS, TRIPLE NET AGREEMENTS WERE CONCLUDED WITH A TERM OF 27 YEARS

* THE INITIAL GROSS YIELD IS APPROXIMATELY 4.5%, WHICH IS IN LINE WITH THE CURRENT MARKET CONDITIONS Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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