According to PropertyNL, Grontmij is expecting to sell its real estate activities in the first half of 2005. Sale talks with different buyers are not yet planned, but the company is working on an auction procedure.
Grontmij has already announced that it wants to sell its real estate activities in two parts. This concerns real estate activities in the Netherlands, Belgium and Germany where it involves housing and partly industrial areas. And the other part are the real estate activities in Hungary, Poland, Czech Republic, Spain and Italy. These are mainly logistical centers and also partly industrial areas.
According to Grontmij there are plenty candidates but they do not yet want to give an indication of the revenue and timing of the disposals. Also Grontmij wonât reveal the profit that the real estate activities make.