Profile

NSI is a closed-end investment company with variable capital that invests in real estate. NSI was established at 1 March 1993 and since 3 april 1998 NSI is listed at the Amsterdam Stock Exchange. 

NSI is residing at the Nieuwe Steen 27 in Hoorn. The company is managed by a small but alert team that consists of 37 persons, including both board members. 

NSI's aim as laid down in its mission statement and ambition is to achieve a sustainable growth on the earings per share. In order to achieve this goal:

-NSI will invest in retal and offies, preferably on a 50-50 basis;
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NSI will add value for the shareholders through the current portfolio by investments in the currently owned portfolio as well as by an achive purchase and sale policy;
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NSI will invest in the Netherlands and Switzerland. The possibilities for investments in France are under consideration. 
The pace of investments depends on the size of the effects of th economic recession;
-NSI will grow to a size of 2.5 billion in the coming years.

 

NSI qualifies as a fiscal investment institution (FII) under Dutch law. The company owes no corporation tax in the Netherlands provided that it complies with all Dutch tax laws. Real estate investments outside the Netherlands may be subject to taxation according to profit.

The dividend policy of NSI is designed to distribute the entire direct result as cash dividend to the shareholders. NSI distributes the direct result in cash by way of quarterly dividend in May, August, November. In April NSI distributes the final dividend. For 2009 NSI expects that the direct result will amount between €1.30 and € 1.36 per share.