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Brussels, embargo until 05.06.2015, 05:40 PM CET

PRESS RELEASE

Acquisition of two high-end sport and wellness centres in Germany

On 05.06.2015, the Cofinimmo Group acquired two sport and wellness centres located in Germany, in
Hamburg and in Hanover respectively:

Hamburg

Hanover

Location

Ulhenhorst

Maschsee

Year of construction

2012

2009

Surface area

7,800m²

10,000m²

Equipment

Gym, swimming pools, sauna, spas,

tennis courts and hockey pitches

Gym, swimming pools, sauna, spas,

beach volleyball court

The two facilities, which enjoy excellent locations within a luxury residential area or on the edge of a lake, are leased for 30 years to the Aspria Group, which has concluded "double net" lease contracts with the Cofinimmo Group, featuring limited maintenance obligations for Cofinimmo (maintenance of the buildings' structure, façades and roofs). The rents will be indexed annually.
The initial investment amounts to €53.6 million. The initial gross rental yield from this transaction stands at
7.60%. Moreover, price supplements will be payable in the future, under certain conditions, combined with a rent increase if applicable. The gross rental yield could then reach 8%.
This transaction represents an extension to the partnership between Cofinimmo and Aspria. As a reminder, in 2007, Cofinimmo acquired the "Royal La Rasante" centre located Rue Sombre/Donkerstraat in Brussels, leased to Aspria for 20 years. The lease contract for this centre was renewed on 03.06.2015 for a 30-year term. In 2014, the two companies concluded an agreement relating to the development of a new centre on the Solvay Sport site in Brussels, subject to obtaining the required permits.
The Aspria Group, founded in 2000, manages eight high-end sport and wellness centres in prestigious locations in Germany, Belgium and Italy. In Belgium, the company operates three centres, located in Brussels, on Rue de l'Industrie/Nijverheidsstraat, Avenue Louise/Louizalaan and Rue Sombre/Donkerstraat respectively.
Jean-Edouard Carbonnelle, CEO of Cofinimmo: "This transaction allows us to extend our operations in Germany with the acquisition of assets leased for a very long term to a high-quality partner. Their remarkable locations and amenities ensure their long-term ability to attract local residents, and their focus on sport and wellness respond to a clear contemporary lifestyle trend."
Brian Morris, CEO and co-founder of Aspria: "This new transaction further strengthens our partnership with one of the foremost real estate investors in Europe and assists Aspria in its continued development as one of the leaders in healthy hospitality in Europe."

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REGULATED INFORMATION

Brussels, embargo until 05.06.2015, 05:40 PM CET

PRESS RELEASE


Uhlenhorst Club - Hamburg Uhlenhorst Club - Hamburg

Maschsee Club - Hanover

Maschsee Club - Hanover

Maschsee Club - Hanover Maschsee Club - Hanover For more information: Valerie Kibieta Ellen Grauls

Head of External Communication and Investor Relations Manager
Investor Relations Tel.: +32 2 373 94 21
Tel.: +32 2 373 60 36 egrauls@cofinimmo.be
vkibieta@cofinimmo.be

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REGULATED INFORMATION

Brussels, embargo until 05.06.2015, 05:40 PM CET

About Cofinimmo:

PRESS RELEASE

Founded in 1983, Cofinimmo is today the foremost listed Belgian real estate company specialising in rental property and an important player in the European market.

The company owns a diversified property portfolio spread over Belgium, France, the Netherlands and Germany, worth

over €3.2 billion, representing a total area of 1,780,000m². Riding on demographic trends, its main investment segments are offices (41%), healthcare properties (41%), and distribution networks (17%). As an independent company that consistently applies the highest corporate governance and sustainability standards, Cofinimmo services its tenants and manages its properties through its 110-strong team operating from Brussels.

Cofinimmo is listed on Euronext Brussels (BEL20) and benefits from the fiscal REIT regime in Belgium (RREC), in France

(SIIC) and in the Netherlands (FBI). Its activities are controlled by the Financial Services and Markets Authority, the

Belgian regulator.

At 31.03.2015, its total market capitalisation stands at €1.95 billion. The company applies investment policies which seek to offer a high dividend yield and capital protection over the long term, and aim both institutional and private investors.

www.cofinimmo.com

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