In the present environment, Befimmo will ensure not to exceed an LTV ratio of around 45%.
As at 31 December 2020
36.82 % LOAN-TO-VALUE
40.8 % DEBT RATIO
4.9 years WEIGHTED AVERAGE DEBT DURATION
2.0 % AVERAGE ANNUALISED FINANCING COST
€1,461 million CONFIRMED CREDIT FACILITIES
96.6 % FIXED-RATE DEBTS (INCL. IRS)
Green Finance Framework
Befimmo announces the implementation of its Green Finance Framework in support of its strong commitment to ESG. The framework is a natural and logical extension of all sustainability and environmental actions the company undertakes.
Under this framework, Befimmo, or any of its subsidiaries, may issue Green Bonds, Green Private Placements or Green Bank Financing to drive its sustainability targets. By doing so, Befimmo is anchoring sustainability into its financing activities.