Report
Florent Laroche-Joubert

Covivio : Progress in its strategic operations (Godewind + disposals)

>Godewind Immobilien: 86%-owned by Covivio - Covivio had announced in mid-February a public takeover bid on Godewind Immobilien to gain a foothold in the German office property market which is one of the most resilient in Europe with an average vacancy rate of 3% in the 7 main German cities. Following the last tender offer period which ended on 11 May, Covivio holds approximately 86% of Godewind Immobilien, which has now been delisted from Deutsche Börse, effective 14...
Underlying
Covivio SA

Fonciere des Regions is a long-term real etaste investor with a focus on office assets. Co.'s portfolio includes investment properties and properties under development. Co. holds a range of real estate assets, to collect lease payments and benefit from appreciation in the assets held. Co.'s activities can be divided into five segments: Office Markets in France; Office Markets in Italy; Logistics; Business Premises; and Car Parks.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Florent Laroche-Joubert

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