Belgian real estate investment trust (REIT) Cofinimmo closed 2007 with the leading property portfolio in Belgium, according to a ranking of the top 100 portfolios in the country published for the fourth consecutive year by local newsletter Expertise News. With a property portfolio value of EUR 2.73 bn at end-2007, Cofinimmo edged out insurers AXA Belgium (property portfolio value of EUR 2.66 bn) and Fortis Real Estate (EUR 2.24 bn) for the number one spot. Expertise News noted Cofinimmo also secured the biggest Belgian property deal in 2007, buying the 90% stake in the Inbev pub portfolio (Pubstone) for EUR 426 mln.
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