Nieuwe Steen Investments expands its activities in Switzerland

HOORN – Nieuwe Steen Investments NV reached agreement regarding the acquisition of two properties in the centre of Fribourg, Switzerland, with an investment volume of CHF 74.8 million (€ 46.8 million), excluding purchase costs. The acquisitions are expected to be finalized by mid-2008. With these investments the total international portfolio amounts to CHF 155.2 million (€ 98.3 million).

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Released on: 26 mei 2008