Cofinimmo : New CEO for Cofinimmo

PRESS RELEASE

REGULATED INFORMATION

Brussels, embargo until 08.02.2018, 05:40 PM CET

New CEO for Cofinimmo

The term of Jean-Edouard Carbonnelle as Managing Director will expire at the end of the next Ordinary General Meeting, which will take place on 09.05.2018. Jean-Edouard Carbonnelle has chosen not to request its renewal. Cofinimmo's Board of Directors and its staff already thank him for his major contribution to the realisation of the strategic objectives and the development of the Group.

Today, the Board of Directors has co-opted Jean-Pierre Hanin as Director of the Group, with immediate effect, subject to the approval of the FSMA.

At the General Meeting of 09.05.2018, the Board of Directors will propose the appointment of Jean-Pierre Hanin as Director. Subject to this appointment and to the approval of the FSMA, the Board will designate him as Chief Executive Officer and Managing Director, and, as such, as Chairman of the Executive Committee.

As from 01.03.2018 and until the Ordinary General Meeting of 09.05.2018, Jean-Pierre Hanin will act as Special Advisor to the Chairman of the Board of Directors.

Jean-Pierre Hanin has a licentiate degree in Law from the KUL (Catholic University of Leuven). He also holds a Master in Tax Management from the Solvay Business School and a LL.M from Georgetown University. He started his career as a business lawyer. He then joined various international groups where he took up financial and management positions, among which Chief Financial Officer and Chief Executive Officer of Lhoist Group, global leader in lime and dolime. More recently, he was Chief Financial Officer then manager of the Building Performance division of the construction materials group Etex. His functions led him to operate in various regions all over the world for over 20 years, and to carry out both consolidation and development activities.

Jacques van Rijckevorsel, Chairman of the Board of Directors of Cofinimmo, comments: "The Board of Directors is pleased to welcome Jean-Pierre Hanin as future CEO and Managing Director of the Company. His personality, skills and experience are in line with our entrepreneurial vision for the Group's further development. We are confident of his success."

Furthermore, following the resignation of Jérôme Descamps as Executive Director of Cofinimmo1, Jean-Edouard Carbonnelle will supervise the financial teams and operations as of today and until the appointment of a new Chief Financial Officer.

1 See today's press release on the 2017 results, available on our website.

Brussels, embargo until 08.02.2018, 05:40 PM CET

For more information:

Ellen Grauls

Benoît Mathieu

Head of External Communication and Investor Relations

Tel.: +32 2 373 94 21egrauls@cofinimmo.be

Investor Relations Officer Tel.: +32 2 373 60 42bmathieu@cofinimmo.be

About Cofinimmo:

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 3.5 billion EUR, representing a total surface area of over 1,838,000 m². Riding on demographic trends, its main investment segments are healthcare properties (45 %), offices (38 %) and distribution networks (16 %). As an independent company that consistently applies the highest corporate governance and sustainability standards, Cofinimmo services its tenants and manages its properties through its team of over 130 people, operating from Brussels, Paris and Breda.

Cofinimmo is listed on Euronext Brussels (BEL 20) 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 31.12.2017, its total market capitalisation stands at 2.3 billion EUR. The company pursues investment policies which seek to offer a high dividend yield and capital protection over the long term, targeting both institutional and private investors.

www.cofinimmo.com

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