NSI N.V.
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Publicatie datum
17 mrt 2016 - 09:45
Statutaire naam
NSI N.V.
Titel
NSI completes sale of remaining interest in IOW
Bericht
Hoofddorp, 17 March 2016 – NSI N.V. (“NSI”) announces that it has sold its remaining interest in the Belgian listed company Intervest Offices & Warehouses (“IOW”). NSI reduced its interest from 50.2% to 15.2% in June 2015, and subsequently to 4.9% in February 2016. In the meantime, the sale of the remaining interest has been completed.
The total proceeds of the 15.2% interest (2,476,241 shares) sold in 2016 amounted to €53.5 million, 9% above the net asset value of IOW as per 31 December 2015 and 4% above book value of the interest in IOW in the balance sheet of NSI (€51.4 million). The total transaction proceeds will be used to pursue opportunities in the Dutch office market, in line with NSI’s strategy.
The transaction lead to a positive net result on sales of approx. €1.5 million in 2016.
Datum laatste update: 01 september 2024