(Corrects day in first paragraph to Thursday)
BRUSSELS, Feb 14 (Reuters) - Belgian property investment
group Cofinimmo (COFB.BR: Quote, Profile, Research) proposed on Thursday a dividend of
7.75 euros ($11.32) per share for 2007, a rise of 4.7 percent
from the previous year.
The Brussels-based group, which rents out office space to
businesses and government institutions, also said it expected
its net current result per ordinary share, excluding the impact
of the accounting rule IAS 39, for 2008 to be around 8.00 euros.
It added that its net current result for 2007, non-cash
impact of IAS 39 excluded, amounted to 9.11 euros per ordinary
share, exceeding its own forecast of 9.00 euros, and 8.5 percent
higher than in 2006.
The net current result including the IAS 39 impact stood at
at 8.20 euros per ordinary share, down 5.6 percent on the
previous year.
Cofinimmo also announced plans to invest in France and
Belgium.
It said it intends to buy France’s Medimur — owner of 14
clinics and 12 nursing homes in France — for an investment
value of 229 million euros and three further nursing homes
around Brussels with an investment value of 18.6 million euros.
(Writing by Darren Ennis, editing by Philip Blenkinsop, Paul
Bolding)
