Acquisitions of Axento and Fedimmo
Growth in value of portfolio
Substantial increase in book value
During this first quarter of the 2006/2007 fiscal year, Befimmo has succeeded in completing two major acquisitions consistent with its strategy of growing its medium- and long-term cash flows.
In addition to its first foreign venture through the acquisition of the Axento project in Luxembourg, Befimmo has succeeded in buying 90% of the shares of Fedimmo SA offered for sale by the Belgian Government.
The full press release can be downloaded from the following link:
