Report Publication Announcement • May 26, 2009
Report Publication Announcement
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HOORN – Nieuwe Steen Investments NV has recently again sold six properties. It concerns three office and three retail objects. The sales volume amounts to $\epsilon$ 10.8 million.
After the sale of twelve properties during Q4 of 2008 and five properties during 2009, NSI has again sold six properties to several investors. It regards three offices and three retail properties.
The rental income of the sold properties amounts to $\epsilon$ 860,000. The properties are sold above book value. Five properties were already transferred, the last one will be transferred at the end of Q2 2009. The total 2009 sales volume has reached €32.7 million.
As part of NSI's strategy the number of properties in its portfolio will be reduced by means of divesting small, management-intensive properties. In the short term, the proceeds will be used to pay off debt.
The transaction involves a super market with lock-up shops in Capelle aan den IJssel, supermarkets in Goor and Oosterhout and offices in Roermond and Purmerend.
Hoorn, 26 May 2009
The Management Board
Rabobank Hoorn nr. 16.14.17.272
Nieuwe Steen 27
1620 HC Hoorn Tel: 0229 29 50 50
Fax: 0229 23 13 72 E-mail: [email protected]
Postbus 4145
K.v.k. te Hoorn nr. 36.040.044
For more information, please contact: Nieuwe Steen Investments NV Anka Reijnen, CFO Tel. $+31229 - 295050$ E-mail: [email protected] internet: www.nsi.nl.
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