Mr. Jan W. Dane and Dane Investors Management BV, Breda (DIM BV) and Freeland Corporate Advisors NV, Rotterdam (FCA) have announced yesterday that agreement has been reached about future cooperation.
DIM BV is the managing company of DIM Vastgoed NV. The anticipated cooperation is aimed at concentrating DIM BVâ€™s and FCAâ€™s expertise and know-how in the field of management of real estate funds and real estate, mainly focused on the management of DIM Vastgoed NV.
Part of the transaction, whereby FCA will acquire a 50% interest of Jan Dane in DIM BV and the US based operations, is the merger of both organizations DIM BV and FCA. The new organization will be based in Rotterdam, The Netherlands. This will mean that DIM Vastgoed will move form Breda to Rotterdam.
Mr. Tim C. Koster, director of FCA, and Jan Dane will join the management of DIM BV and as such to the Management Team of DIM Vastgoed. Mr. Peter C.J. van der Voort will step down as director of DIM Vastgoed, but will continue to be involved with the company.
Jan Dane comments: â€œMain objective of this cooperation is to secure long-term the results of DIM Vastgoed and the further strategic expansion of the fund.â€
Both parties expect to complete the transaction in a matter of days.
(source: DIM Vastgoed)