On 15 November, the notarial transfer of the direct property portfolio of the pension fund of Royal Nedlloyd to Delta Lloyd Property took place.
On 15 November, the notarial transfer of the direct property portfolio of the pension fund of Royal Nedlloyd to Delta Lloyd Property took place. The portfolio comprises 15 office blocks, about 435 homes and various retail projects spread throughout the Netherlands, including the De Brusselse Poort shopping centre in Maastricht.
The sale of the property portfolio by the Nedlloyd Pension Fund is consistent with the trend for pension funds to move from direct to indirect property. The Nedlloyd Pension Fund will now concentrate on reinvesting the funds released in European unlisted property funds.
The purchase of the portfolio by Delta Lloyd Property is consistent with Delta Lloyd Property’s ambitions for growth. It also reflects the intended change of course for the asset mix of Delta Lloyd Property, which aspires in particular to strong growth in retail products. Full attention will still be paid to residential and commercial assets.
The Nedlloyd Pension Fund was advised by Mr Ruurd Abma, property consultant (Brasschaat) and Mr Henk van Leeuwen, estate agent and surveyor (Capelle a d IJssel), who were approached by the pension fund in view of their independence and expertise.
Delta Lloyd has obtained advice from several disciplines and was supported by a team of advisers. In relation to the various sectors, Troostwijk Makelaars, Inter Vastgoed Nederland and Meurshof were involved in this. The role of external coordinator was carried out by Troostwijk.
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More information:
Nedlloyd Pension Fund
Ton (A W P M) Zimmerman, director and Frans (F) Oostdijk, head of property
Telephone: 010-4007022
Delta Lloyd
Angelique Bronneberg, press officer
Telephone: 020- 594 4488
E-mail: cc@deltalloyd.nl