Befimmo is a Belgian REIT focused on office buildings located in Belgium and Luxembourg, with the majority of its portfolio consisting out of Brussels’ property
Befimmo raised €29.7m through the placement of 535,329 treasury shares
Shares were placed at tight discount of 3.9% to VWAP on the pricing day
Proceeds will be used to strengthen the balance sheet
Kempen & Co acted as Joint Bookrunner in the transaction