Earlier this month we have sold a part of the Amsterdam portfolio that we are instructed to sell on behalf of the owner. Allmost all of the sold properties are shops located in the city centre of Amsterdam . The purchaser of this part of the portfolio is a Dutch private investor.
This sale is the kick off for the total disposition of the portfolio. Based on the increased interest from the market fort his portfolio we expect that a second transaction will be closed before the end of the year.