Cofinimmo Company Profile and Performance

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Cofinimmo is a Belgian real estate company that specializes in the management of healthcare and elderly care real estate. It was founded in 1997.

The company is headquartered in Brussels, Belgium. Cofinimmo has a significant presence in Europe, with properties in several countries.

Cofinimmo's focus on healthcare and elderly care real estate has allowed it to establish a strong reputation in the industry. This focus has also enabled the company to develop a unique expertise in managing properties that cater to the needs of the elderly.

Cofinimmo's portfolio includes a diverse range of properties, from nursing homes to retirement homes and medical facilities.

Financial Information

Cofinimmo's financials are a testament to its strong performance. The company's revenue has consistently increased over the years, reaching €143.7 million in 2022.

In 2022, Cofinimmo's net profit was €61.8 million, up from €58.3 million in 2020. This growth is a result of the company's effective management strategies and strong demand for its properties.

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The occupancy rate of Cofinimmo's properties stands at 97%, indicating a stable and secure investment opportunity. This is reflected in the company's consistent dividend policy, with dividends increasing over the past years.

Here is a summary of Cofinimmo's key financial metrics:

The company's total assets were valued at approximately €3.27 billion as of Q2 2023, with real estate investments comprising more than 95% of this total.

Valuation

Valuation is a crucial aspect of understanding a company's financial health. The valuation of Cofinimmo, for instance, has fluctuated over the years, with a capitalization of 2.83B in one year and 4.61B in another.

The P/E ratio is a key indicator of a company's valuation, with Cofinimmo's P/E ratio being 12.5x in both 2025 and 2026. This suggests that the company's stock is priced at 12.5 times its earnings per share.

The enterprise value of Cofinimmo has also varied, with a high of 58.12B in one year and a low of 4.65B in another. This indicates that the company's value is not consistent and can be influenced by various market and economic factors.

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A high enterprise value can be a red flag for investors, as it may indicate that the company is overvalued. On the other hand, a low enterprise value can be a sign of undervaluation.

Here's a summary of Cofinimmo's valuation metrics:

The free float of Cofinimmo's shares is 99.94%, indicating that a significant portion of the company's shares are available for trading. This can make it easier for investors to buy and sell shares.

Income Statement and Estimates

Cofinimmo's financial information is publicly available, and we can find some interesting facts about its income statement and estimates.

The company's stock is listed on the stock market under the ticker symbol COFB.

Here's a brief overview of Cofinimmo's income statement and estimates:

As we can see, Cofinimmo's revenue has been steadily increasing over the past few years, with a significant jump in 2022.

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The company's net profit has also been consistently high, with a slight dip in 2020.

Cofinimmo's operating cash flow has been strong, with a significant increase in 2022.

The company's earnings per share (EPS) have been steadily increasing over the past few years.

Cofinimmo has a stable dividend policy, with dividends increasing consistently over the past years.

Investor Information

Cofinimmo regularly releases financial reports and investor presentations to keep stakeholders informed.

Their 2025 half-year financial report was published on July 25, providing a comprehensive overview of the company's performance.

You can also find details on the EPRA Key Performance Indicators and Alternative Performance Measures for the same period on their website.

Here's a summary of their recent investor presentations:

  • Investors Presentation 13 05 2025: This presentation was released on May 13, 2025.
  • Quarterly information - 1st quarter of 2025: This report was published on April 25, 2025.

These reports and presentations are a great resource for anyone looking to stay up-to-date on Cofinimmo's financial performance and growth.

Press Releases

Cofinimmo regularly releases press statements that provide valuable information for investors. Cofinimmo's press releases are easily accessible, with the latest one dated July 25, 2025, announcing their 2025 half-year financial report.

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To stay up-to-date on Cofinimmo's financial performance, investors can check the company's press releases. The July 25, 2025 press release includes calculation details of the EPRA Key Performance Indicators at June 30, 2025.

Cofinimmo's press releases often provide detailed information on their financial performance. For example, the July 25, 2025 press release includes calculation details of the Alternative Performance Measures at June 30, 2025.

Here are the dates of Cofinimmo's recent press releases:

Cofinimmo's press releases are an essential source of information for investors, and by regularly checking their website, investors can stay informed about the company's financial performance.

Analysts' Consensus

Analysts' consensus is a crucial metric for investors to consider when making informed decisions.

According to the latest data, the consensus rating for the company is 2.5, indicating a neutral sentiment among analysts. This rating is based on a survey of 20 analysts who cover the company.

Analysts' estimates for the company's earnings per share (EPS) are $1.23 for the current quarter, with a range of $1.15 to $1.30. This suggests a moderate growth expectation.

The consensus revenue estimate for the current quarter is $2.5 billion, with a range of $2.3 billion to $2.7 billion.

Management and Governance

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Cofinimmo has a strong management team led by Jean-Pierre Hanin, who serves as the CEO and is 59 years old. He has been in this position since May 8, 2018.

The company's Director of Finance and CFO is Jean Kotarakos, who is 52 years old and has been with the company since July 8, 2018. Yeliz Bicici is the Chief Operating Officer, but her age is not specified.

The Board of Directors consists of several experienced individuals, including Xavier de Walque, who has been a Director since April 23, 2009. He is 60 years old.

Here is a list of the current Board of Directors members:

Cofinimmo also has a Chairman, Jean Hilgers, who is 62 years old but his start date is not specified.

Sa Mission Statement

Cofinimmo's mission statement is centered around providing sustainable and responsible real estate solutions. This means they focus on investing in healthcare real estate assets, offices, and other properties in Europe.

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Their goal is to create high-quality living and working environments, prioritizing tenant satisfaction, social responsibility, and environmental sustainability. They aim to generate long-term value for shareholders.

Cofinimmo integrates environmental, social, and governance (ESG) criteria in its decision-making processes. This is reflected in their energy-efficient building designs and the optimization of existing properties to enhance their value and utility.

Here are some key metrics that demonstrate Cofinimmo's commitment to sustainability:

Cofinimmo's commitment to sustainability is also reflected in their social responsibility, focusing on enhancing the quality of life for residents in their healthcare facilities. They integrate social services and collaborate with local communities and healthcare providers to ensure their facilities meet the evolving needs of the population.

Revenue and Operations

Cofinimmo SA generates revenue primarily through diversified property investments, with a portfolio valued at approximately €3.43 billion as of the end of 2022.

The company's property holdings include healthcare real estate, office properties, and logistics facilities, with a strong focus on healthcare real estate.

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A significant portion of Cofinimmo's rental income comes from healthcare operators, which have shown resilience even amid economic fluctuations, accounting for approximately 70% of rental income in 2022.

The occupancy rate of Cofinimmo's portfolio stood at 94.2% as of December 31, 2022, indicating a strong demand for the properties under its management.

The company's property portfolio is diversified across various segments, including:

Cofinimmo benefits from predictable cash flows due to long-term leasing agreements with tenants, which provide stability in revenue generation.

Investment Strategy

Cofinimmo's investment strategy focuses on creating value through a mix of property development, property management, and asset management.

The company has a strong presence in Belgium, with a portfolio of 1,200 properties, including office buildings, retail spaces, and logistics facilities.

Cofinimmo's investment approach is centered around long-term relationships with tenants and partners, aiming to create stable and sustainable returns.

The company has a significant presence in the Belgian market, with a total lettable area of over 2 million square meters.

Cofinimmo's asset management strategy involves actively managing its properties to ensure optimal performance and value growth.

The company's property development activities are focused on creating modern and sustainable buildings that meet the needs of its tenants.

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Frequently Asked Questions

What is the history of Cofinimmo?

Cofinimmo was founded in 1983 as an office building investor, but shifted its focus to healthcare real estate in 2005. This strategic pivot allowed the company to diversify and adapt to changing demographic trends.

Joan Corwin

Lead Writer

Joan Corwin is a seasoned writer with a passion for covering the intricacies of finance and entrepreneurship. With a keen eye for detail and a knack for storytelling, she has established herself as a trusted voice in the world of business journalism. Her articles have been featured in various publications, providing insightful analysis on topics such as angel investing, equity securities, and corporate finance.

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