Finance Source: Het Financieele Dagblad
Every edition of Hello Zuidas magazine features financial news related to the Zuidas district, Amsterdam or the Netherlands. Send your financial news to hellozuidas@asega.nl.
DUTCH BANKS ENJOY PIECE OF THE SHARES PIE ZUIDAS – With the increase of companies going public and issuing shares in Amsterdam, the last few months have been Saxon banks got their piece of the action first. Euronext,
BUILDING FUND ACQUIRES THREE GERMAN HOUSING PROJECTS
IMCD, NN... – it’s been a long time since Damrak was as
ZUIDAS – By separate transactions, Bouwfonds
busy as it was last summer. All three Dutch companies
Investment Management has acquired three German
(one of which, namely Euronext, is partly Dutch) fetched
housing projects in the cities of Berlin, Dresden and
a combined € 3 billion on the Amsterdam exchange.
Cologne. According to a company statement in
And with cable company Altice’s stock market debut in
early October, the costs of these transactions totalled
January, the total amount of shares issued in 2014 so far
€ 60.3 million. The housing projects were purchased
tallies up to a tidy € 4.5 billion. But the action hasn’t abated
for the property fund of a large institutional investor,
yet, with this autumn promising the flotations of optics group
based in southern Germany, whose housing
GrandVision (includes Pearle) and Probiodrug (Biotech).
development portfolio is managed by Bouwfonds IM.
sweet for investment bankers in Zuidas, although Anglo-
20.