Bloomberg News

Cofinimmo Keeps Dividend Forecast as Third-Quarter Earnings Drop

October 27, 2011

Oct. 27 (Bloomberg) -- Cofinimmo SA said third-quarter earnings before property valuation gains, disposals and changes in the value of interest-rate derivatives fell to 1.88 euros from 1.99 euros a year earlier.

The real-estate investment fund maintained its full-year earnings forecast and still plans to pay a gross dividend of 6.50 euros a share, according to a statement on its website.

To contact the editor responsible for this story: John Martens at jmartens1@bloomberg.net


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