Oppenheim considers divesting € 600 mln of Dutch real estate

The German investment company Sal. Oppenheim jr. & Cie. considers to gradually halve her direct real estate investments in the Netherlands when the new regulation to abolish the fiscal depreciation on commercial real estate will be implemented by next year. Presently Oppenheim owns some 100 office complexes throughout the Netherlands, presently valued at € 1.2 bln.

Dutch investments constitute some 20% of OppenheimÂ's total real estate investments in nine European countries, which totals some € 7.0 bln.

(source: PropertyNl)

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