Aedifica gives an update on the approval of the Belgian competitive authorities in regards to the Cofinimmo merger. The Belgian authorities have asked additional information which might delay the timeline of the transaction. As a reminder the acceptance period was to open in September with the EGM to vote on a merger in October (depending on the 51.0% thresholds during the acceptance period). The Dutch/German authorities have already give approval. There is no further information on what details...
Aedifica NV/SA – Update on the progress of Aedifica’s and Cofinimmo’s case with the Belgian Competition Authority More information is available on Aedifica’s website via the link below and can be accessed subject to the usual restrictions.
Yesterday Immobel issued a trading update that gives comfort in the FY26 bond repayment of EUR 125.0m which was the biggest short term risk of the investment case. This triggered us to increase our TP from EUR 23.0 to EUR 28.0 with a BUY recommendation (prev. accumulate). The reasoning is explained in this new company note. We still don't think the dividend will come back in the next 2 years as the focus remains deleveraging. However, the share price reflected a dilutive capital raise which has ...
Aedifica NV/SA: Publication relating to a transparency notification Please find below a press release from Aedifica (a public regulated real estate company under Belgian law, listed on Euronext Brussels and Euronext Amsterdam), regarding a publication relating to a transparency notification. Attachments
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