Degroof Petercam participated in successful private placement for Care Property Invest

Degroof Petercam participates in 30,2 mio private placement

On 15 March 2017, Care Property Invest, a Public Regulated Real Estate Company active in senior housing, announced the launch of a private placement through accelerated book building with the intention to sell 1,570,000 shares issued following a contribution in kind. On the same day the offering was successfully closed for a total amount of € 30.2m.

Degroof Petercam was able to generate substantial demand from long only funds and specialized investors, leading to an oversubscription at a price of € 19.25 per share, which implies a discount of 7.1% to the closing price prior to launch.

Degroof Petercam is extremely pleased with the success of this transaction, where it acted as Joint Global Coordinator and Joint Bookrunner in a syndicate comprising one other Belgian retail bank.

About Care Property Invest

Care Property Invest is a Public Regulated Real Estate Company active in senior housing. Care Property Invest helps healthcare entrepreneurs to undertake property projects by offering real estate tailored to the end user, that is both qualitative and socially responsible. The company applies its expertise and know-how to create affordable, good quality and attractive healthcare infrastructure and residential accommodation for the elderly and for people with a disability. 

About Bank Degroof Petercam Corporate Finance

Degroof Petercam Corporate Finance, 100% subsidiary of Bank Degroof Petercam, offers a full range of independent financial advisory services. The team of 70 professionals based in Brussels, Paris and Lyon, occupies a leading position on the Belgian & French market.

Alexandra Niehe

Head of corporate communications

Thomas Van Rompuy

Senior Executive Advisor - media relations, economics, Bank Degroof Petercam

Get updates in your mailbox

By clicking "Subscribe" I confirm I have read and agree to the Privacy Policy.

About Degroof Petercam

Founded in 1871, Degroof Petercam is a Belgian-rooted reference investment house built on more than 150 years of integrated financial knowledge. Being privately owned by family shareholders driven by long-term commitment, we are independent by structure and by nature. We create responsible prosperity for all by opening doors to opportunities and accompanying our private, corporate and institutional clients with expertise. 

Clients in over 20 countries trust us for our convictions and for our distinctive combination of services in private banking, asset management, investment banking (corporate finance and global markets) and asset services. 

Total client assets (under management, under administration and in custody) amount to 86 billion euros (on 31.12.2021). More than 1,500 experts are committed to our clients through offices in Belgium, Luxembourg, France, Switzerland, Spain, the Netherlands, Germany, Italy and Hong Kong.

Degroof Petercam
Trust. Knowledge.