Aberdeen buys shopping portfolio from Rodamco Europe

06 Jul 2006
Aberdeen Property Investors The Netherlands BV has purchased from Rodamco Europe a portfolio of assets, including 150 individual centre-location unit shops across the Netherlands.

With this transaction, Aberdeen strongly emphasises its role as property investor in the Dutch market. The sale took place via a structured bidding process executed by real estate agent “Troostwijk makelaars”. Aberdeen was not represented by a real estate agent.

For this portfolio, possibly completed with other acquisitions, Aberdeen will launch a fund for institutional investors. The issue of shares will take place after the summer by the Aberdeen Amsterdam office.

Nico Tates, Managing Director of Aberdeen says:
This retail portfolio with well located unit shops across the Netherlands and strong covenants will spread the risks for the future real estate fund. Through means of our “in-house hands-on” management style we are also able to add significant value to this portfolio.

For further information please contact:
Nico Tates, Managing Director, Aberdeen Property Investors, The Netherlands and Belgium Tel: +31 20 687 05 40, GSM: +31 65 341 06 11, nico.tates@aberdeenpropertyinvestors.com

Aberdeen Property Investors
Aberdeen Property Investors is one of Europe’s leading property investment managers with over EUR 9 billion in property investments through property funds and management mandates across Europe.
Aberdeen Property Investors has some 500 employees at offices in Belgium, Denmark, Finland, France, Germany, Luxembourg, the Netherlands, Norway, Sweden and the United Kingdom. Clients are primarily institutional investors such as life and pension funds.
Aberdeen Property Investors is part of Aberdeen Asset Management PLC (Aberdeen) an international investment management group listed on the London Stock Exchange with asset management activities in bonds, equities and property.

Issued and approved by Aberdeen Asset Managers Limited, on behalf of Aberdeen Property Investors. Aberdeen Asset Managers Limited is authorised and regulated by the Financial Services Authority.

ABERDEEN PROPERTY INVESTORS. BOX 3039. SE-103 63 STOCKHOLM. SWEDEN. VISITING ADDRESS: LUNTMAKARGATAN 34. TELEPHONE:+46 (0)8 412 80 00 POST@ABERDEENPROPERTYINVESTORS.COM PART OF ABERDEEN ASSET MANAGEMENT PLC