Cofinimmo acquires Inbev pubs for EUR 419m

Brussels-based property investor Cofinimmo has entered into an agreement to acquire 90% of Immobrew, a real estate subsidiary of beer brewer Inbev, for EUR 419 mln, reflecting an initial yield of 5.8%. Immobrew directly owns 824 pubs and some residential assets in Belgium and indirectly holds a further 245 pubs ...

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