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Befimmo SA (BEFB.BR)

BEFB.BR on Brussels Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Befimmo Acquires Silversquare
Thursday, 6 Dec 2018 11:41am EST 

Dec 6 (Reuters) - BEFIMMO SA ::REG-BEFIMMO SA: STRATEGIC ACQUISITION OF SILVERSQUARE, BELGIAN MARKET LEADER IN COWORKING.ACQUISITION OF A CONTROLLING STAKE OF 61% IN SILVERSQUARE.ACQUISITION FOR €7.1 MILLION.ACQUISITIONC OMPRISING 100% OF SHARES OF PRIVATE SHAREHOLDERS SYNDICATED BY ALPHASTONE.ACQUISITION SHOULD TAKE PLACE OVER A PERIOD OF AT LEAST 5 YEARS DURING FOUNDER PARTNERS WILL REMAIN, IN THEIR CAPACITY OF CEO'S, IN CHARGE OF THE CONTINUATION OF THE DEVELOPMENT OF THE COMPANY WITH THEIR TEAM..  Full Article

Befimmo FY Net Profit Rises To 136.1 Million Euros
Thursday, 8 Feb 2018 11:42am EST 

Feb 8 (Reuters) - BEFIMMO SA ::FY NET RENTAL INCOME EUR 142.4 MILLION VERSUS EUR 137.0 MILLION YEAR AGO.FY OPERATING PROFIT BEFORE RESULT ON PORTFOLIO EUR 117.0 MILLION VERSUS EUR 111.7 MILLION YEAR AGO.FY NET PROFIT EUR 136.1 MILLION VERSUS EUR 90.4 MILLION YEAR AGO.DIVIDEND OUTLOOK OF €3.45 GROSS PER SHARE FOR THE 2018 FISCAL YEAR‍​.OCCUPANCY RATE AT DEC 31 2017 ‍​94.44 PERCENT VERSUS 94.79 PERCENT YEAR AGO.  Full Article

Befimmo 9-month net result per share up at 4.56
Thursday, 26 Oct 2017 11:43am EDT 

Oct 26 (Reuters) - BEFIMMO SA ::SPOT OCCUPANCY RATE OF PROPERTIES AVAILABLE FOR LEASE WAS 93.86% AS AT 30 SEPTEMBER 2017, AS COMPARED WITH 93.94% AT 30 JUNE 2017 AND 92.22% AT 31 DECEMBER 2016‍​.INTERIM DIVIDEND OF €2.59 GROSS PER SHARE, PAYABLE IN DECEMBER.9-MONTH NET RESULT PER SHARE EUR 4.56 VERSUS EUR 1.29 YEAR AGO.OPERATING RESULT BEFORE RESULT ON PORTFOLIO ON SEPT 30 AT EUR 89.0 MILLION VERSUS EUR 83.8 MILLION YEAR AGO‍​.END-SEPT NAV PER SHARE AT EUR 58.45 VS EUR 57.58 AT END-JUNE.  Full Article

Befimmo and Silversquare announce a new strategic partnership‍​
Tuesday, 19 Sep 2017 08:01am EDT 

Sept 19 (Reuters) - BEFIMMO SA ::BEFIMMO AND SILVERSQUARE , ANNOUNCE A NEW STRATEGIC PARTNERSHIP‍​.STRATEGIC PARTNERSHIP CALLED SILVERSQUARE @BEFIMMO; PLANS TO DEVELOP 4 TO 5 SPACES OVER THE NEXT TWO YEARS‍​.  Full Article

Befimmo enters into a strategic partnership with Silversquare
Monday, 18 Sep 2017 11:41am EDT 

Sept 18 (Reuters) - BEFIMMO SA ::BEFIMMO HAS ENTERED INTO A STRATEGIC PARTNERSHIP WITH SILVERSQUARE, THE BELGIAN LEADER IN COWORKING‍​.  Full Article

Befimmo H1 net result rises to 94.5 million euros
Wednesday, 19 Jul 2017 11:41am EDT 

July 19 (Reuters) - BEFIMMO SA ::DIVIDEND FORECAST CONFIRMED (EUR 3.45 GROSS PER SHARE) FOR 2017 FISCAL YEAR.HALF-YEARLY NET RESULT OF EUR 3.69 PER SHARE.AS AT 30 JUNE 2017, THE FAIR VALUE AMOUNTS TO €2,477.1 MILLION, COMPARED WITH €2,511.7 MILLION AS AT 31 DECEMBER 2016.AS AT 30 JUNE 2017, EPRA EARNINGS PER SHARE AMOUNTS TO €1.92 (€1.89 AS AT 30 JUNE 2016).NET ASSET VALUE AMOUNTS TO €57.58 PER SHARE AS AT 30 JUNE 2017.H1 NET RESULT €94.5 MILLION AS AGAINST €9.3 MILLION AS AT 30 JUNE 2016.  Full Article

Befimmo Q1 net rental profit rises to 36.5 million euros
Thursday, 11 May 2017 11:41am EDT 

May 11 (Reuters) - BEFIMMO SA ::FAIR VALUE PORTFOLIO AT MARCH 31 EUR 2.44 BILLION VERSUS EUR 2.51 BILLION AT END 2016.OCCUPANCY RATE PROPERTIES AVAILABLE FOR LEASE AT MARCH 31 95.23 PERCENT VERSUS 94.79 PERCENT AT END 2016.Q1 NET RENTAL PROFIT EUR 36.5 MILLION VERSUS EUR 34.1 MILLION YEAR AGO.Q1 NET RESULT OF EUR 2.05 PER SHARE.UNCHANGED OUTLOOK OF EPRA EARNINGS AND DIVIDEND FOR THE FISCAL YEAR.NAV PER SHARE AT MARCH 31 EUR 56.83 VERSUS EUR 54.78 YEAR AGO.  Full Article

Befimmo signs a 99-year leasehold on Brederode complex
Monday, 13 Mar 2017 12:45pm EDT 

Befimmo Sa : Befimmo crystallises value by granting a 99-year leasehold on Brederode complex . Signing of a private agreement. granting CBRE Global Investors (on behalf of one of its SMA.. clients) a 99-year leasehold on Brederode complex, for an amount of 122 million euros ($130.08 million) . This operation will generate a net capital gain of about 0.8 euros per share .It will have an impact on EPRA earnings forecast of -EUR 0.08 per share in 2017, -EUR 0.13 per share in 2018 and -EUR 0.12 per share in 2019.  Full Article

Befimmo FY net rental income down at 137.0 million euros
Thursday, 16 Feb 2017 11:49am EST 

Befimmo SA : FY net rental income 137.0 million euros ($146.04 million) versus 139 million euros in Reuters poll . FY operating profit before result on portfolio 111.7 million euros versus 112 million euros in Reuters poll . FY net profit 90.4 million euros versus 97.9 million euros year ago . Net asset value of 54.78 per share at dec 31 . Occupancy rate properties available for lease at Dec 31, 2016 was 94.79 percent versus 94.15 percent year ago . Fair value portfolio at Dec. 31, 2016 (adds period) 2.51 billion euros versus 2.39 billion year ago .Dividend outlook of 3.45 euros gross per share for the 2017 fiscal year.  Full Article