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.