Banimmo : Consolidated half year accounts on June 30th


Number of new leases signed in the first half year for a total surface of 10,918 sqm but without direct impact on the results of June 30th.

Decrease of net rental income nearly exclusively attributable to the sale of rented assets in the second half year of 2011.

Important investment activity with a new construction or renovation potential of
70,000 sqm which represents an increase of 39% of the future sellable surface.

The change of the impact of the temporary value changes is positive on the real estate portfolio for an amount of € 2,743K, negative on the hedging instruments for an amount of € 3,486K and negative on the result of the companies accounted by the equity method up to an amount of € 1,863K.

The half year results that are breakeven are not very representative of the positive evolution of the portfolio's rental situation.

The intrinsic net value amounts to € 14.80 per share.

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Attachments

Consolidated half year results on June 30th