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31 May 2012
Frankfurt am Main, Germany
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- Property Debt Breakfast
20 June 2012
London
Belgium's Befimmo declines comment on e100m capital raising report
Belgian REIT Befimmo declined to confirm a report in the Belgian daily newspaper De Tijd that it is planning to raise capital this summer. A spokesman told PFE its next major communication will be half-year results on 25 May. Befimmo equity is 19% held by the Fortis bank and associated companies. It is a Sicafi with the structure of a REIT, managing over 850,000 sq.m. of space worth e1.9bn. De Tijd reported that Befimmo plans to raise new equity perhaps of more than e100m