Regulatory Filings • Apr 2, 2015
Regulatory Filings
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2 April 2015– NSI N.V. ("NSI") completed a number of previously announced transactions, including the sale of 14 non-core assets, resulting in the disposal of 43,000 sqm of non performing assets. Also the earlier announced sale of an office property at the Bovendonk (3,361 sqm) in Roosendaal has been completed. NSI optimized the value in this property by fully letting it out. Also the sale of a non strategic property at the Montaubanstreet (2,143 sqm) in Zeist was completed.
The annualised gross rental income of the sold properties amounts to €1.3 million. The total proceeds of the transactions completed in 2015, including the sale of the office property at the Karel du Jardinstraat in Amsterdam as announced on 31 March 2015, amount to €24.5 million.
With these transactions NSI gives substance to the execution of its asset rotation strategy. This asset rotation strategy involves the disposal of properties of which the value has been optimised or when the required investments will not result in the required returns. This enables NSI to reinvest its resources in properties where NSI can create value through its active management strategy.
NSI creates - with and for its customers - inspiring environments to meet, work and do business. NSI realises this by investing in offices and retail in attractive, high-quality locations in the Netherlands and Belgium. NSI is a publicly listed real estate company, and manages invested assets of around €1.7 billion.
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For more information: NSI N.V. – Eva Lindner T +31(020) 763 0300 E [email protected] / I www.nsi.nl/
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