During the Extraordinary General Meeting (EGM) on 17 December 2018 the shareholders of Triodos Vastgoedfonds have voted in favor of the proposal to end the fund’s activities. As part of the process to end the fund’s activities, the portfolio of Triodos Vastgoedfonds has been made available to the market as per 9 April 2019.

Following a successful marketing phase, Triodos Vastgoedfonds signed non-disclosure agreements with 69 interested parties, after which, these parties were provided access to information based on which they could make a non-binding offer. This has resulted in 25 non-binding offers for the portfolio of Triodos Vastgoedfonds, or parts of it.

Currently, selling agent BNP Paribas Real Estate is in discussion with a selection of potential buyers. The selection was made based on the height of the bids and a number of qualitative criteria, such as experience in the Dutch real estate market and available resources for investment.

Concrete developments in the process to end the fund’s activities will be shared with investors in the fund and the market in due time. The expected time needed for ending the fund’s activities is still in line with the time span mentioned during the EGM held on 17 December 2018, being six to twelve months.