NSI N.V. is a specialist commercial property investor and the only listed real estate investment trust (REIT) focused on well-located offices in economic growth regions in The Netherlands. The NSI team aims to maximise returns for its shareholders through pro-active management of its investment portfolio, value-add initiatives and disciplined asset rotation.
The portfolio, with a value of over one billion euros, is underpinned by a strong balance sheet, with significant capacity to fund both internal and external growth. By investing in attractive space and a high level of services for its customers, NSI can generate sustainable and growing revenues to support an attractive level of dividend.
The Investor Relations information is only available in English. For information in Dutch, please do not hesitate to contact us.
Please find here the latest financial publication and announcements:
Virtual 360° property tour NSI
Watch our 360° virtual property tour and have a look around in four of our buildings
Online use your mouse and click to drag the screen and look around in all directions
On your phone use the YouTube app and move your device left/right/up to look around
Virtual 360° property tour HNK
Financial Report
More
- Annual Report 2013
- Annual Report 2012
- Interim Report Q3 2013
- Interim report Q3 2012
- Half Year Results 2013
- Half Year Results 2012
- Interim Report Q1 2013
- Interim Report Q1 2012
- Annual Report 2011
- Annual Report 2010
- Annual Report 2009
- Annual Report 2008
- Annual Report 2007
- Annual Report 2006
- Annual Report 2005
- Jaarverslag 2013
- Jaarverslag 2012
- Jaarverslag 2011
- Jaarverslag 2010
- Jaarverslag 2009
- Jaarverslag 2008
- Jaarverslag 2007
- Jaarverslag 2006
- Jaarverslag 2005
Press releases
Current year
- 12 August 2019 – Take-up of stock dividend
- 18 July 2019 – Announcement of scrip issue price
- 9 July 2019 – Announcement earnings call 18 July 2019
- 4 July 2019 – NSI secures new 12-year funding with 1.70% coupon
- 1 July 2019 – NSI sells three retail assets
- 27 June 2019 – Letting HNK The Hague
- 27 juni 2019 – Verhuur HNK Den Haag
- 5 June 2019 – NSI signs LOI with municipality for Centerpoint
- 14 May 2019 – Take-up of stock dividend
- 11 March 2019 – Moving towards a future for the modern office building
- 26 February 2019 – Acquisition Derkinderenstraat 2-24 Amsterdam
- 26 februari 2019 – Aankoop Derkinderenstraat 2-24 Amsterdam (Nederlands)
- 18 February 2019 – Acquisition Archimedesweg 30 Leiden
- 18 februari 2019 – Aankoop Archimedesweg 30 Leiden (Nederlands)
2018
- 20 December 2018 – NSI successfully completes 2018
- 7 November 2018 – NSI Capital markets day 2018
- 26 October 2018 – NSI secures long term funding from Barings
- 18 October 2018 – Acquisition Jacobsweerd Utrecht
- 18 oktober 2018 – Aankoop Jacobsweerd Utrecht (Dutch)
- 16 August 2018 – Acquisition Motion building Sloterdijk
- 16 augustus 2018 – Aankoop Motion building Sloterdijk (Dutch)
- 13 August 2018 – Take-up of stock dividend
- 19 July 2018 – Announcement of scrip issue price
- 19 July 2018 – Acquisition Lange Voorhout 7 The Hague
- 19 juli 2018 – Aankoop Lange Voorhout 7 (Dutch)
- 6 June 2018 – Potential redevelopment for ING in Amsterdam
- 14 May 2018 – NSI announces take-up of stock dividend
- 23 April 2018 – NSI EGM reappoints Luurt van der Ploeg
- 20 April 2018 – AGM Voting Results
- 18 April 2018 – Announcement of scrip issue price
- 12 April 2018 – NSI succesful €480m refinancing of syndicated loan facility
- 26 March 2018 – NSI acquires Q-Port office building in Sloterdijk ENG
- 26 maart 2018 – NSI koopt Q-port kantoorgebouw in Sloterdijk NL
- 30 January 2018 – NSI secures long term funding at an implied investment grade credit rating
2017
- 21 December 2017 – NSI looks back on successful 2017
- 20 December 2017 – NSI part of Pan European REIT sustainability and innovation thinktank
- 26 October – Acquisition Kennedyplein Eindhoven
- 26 oktober – Acquisitie Kennedyplein Eindhoven (Dutch)
- 21 August 2017 – Take-up of stock dividend
- 28 July 2017 – Announcement of scrip issue price
- 25 July 2017 – Acquisition Archimedesweg Leiden
- 21 July 2017 – NSI EGM adopt all resolutions
- 3 July 2017 – NSI sells LSR portfolio
- 16 June 2017 – NSI EGM adopt changes articles of associations
- 9 June 2017 – NSI nominates new SB member and publishes agenda EGM
- 2 June 2017 – NSI nominates Alianne de Jong as CFO
- 15 May 2017 – Take-up of stock dividend
- 24 April 2017 – Luurt van de Ploeg appointed as Chairman of NSI N.V
- 21 April 2017 – NSI sells 16 retail assets and acquires 2 office assets
- 19 April 2017 – Announcement of scrip issue price
- 10 Maart 2017 – Henk Breukink stelt zich niet beschikbaar voor het 3e termijn als voorzitter van RvC
- 10 March 2017 – Henk Breukink not available for third term as chairman of Supervisory Board
- 10 Maart 2017 – Aankondiging AvA en publicatie jaarverslag
- 10 March 2017 – Announcement AGM and publication annual report
- 3 Maart 2017 – NSI Acquisition Uniceflaan Utrecht (Dutch)
- 3 March NSI 2017 – Acquisition Uniceflaan Utrecht (English)
- 7 February 2017 – Earnings Call 14 February
- 5 January 2017 – NSI extends lease for ‘Glass House’ Amsterdam
2016
- 20 December NSI concludes €285 million refinancing reducing its cost of debt
- 30 September Trading update Q3 2016
- 1 September NSI completes security release od assets on it’s banking facilities
- 25 August Bernd Stabil appointed as Managing Director CEO of NSI
- 29 July Details audiowebcast
- 18 July NSI acquires office property ‘Glass House’ Amsterdam
- 14 July NSI nomiantes Bernd Stahli as Managing Director CEO
- 30 June Half year results
- 30 June NSI concludes € 70 million financing with Berlin
- 9 June World restaurant ‘Watertuin’ is coming to ‘in de Boomgaard’
- 29 April NSI AGM approves all resolutions
- 4 April NSI sells industrial portfolio to Urban Industrial
- 31 March Trading update Q1 2016
- 18 March Proposed changes in the management board and supervisory board NSI
- 17 March NSI completes sale of remaining interest in IOW
- 25 February Home member state declaration
- 22 February NSI sells 1.68 million IOW shares reducing it’s stake to 4.9
- 31 December 2015 Preliminary results 2015
2015
- 16 December NSI sold 28 non strategic assets in 2015
- 22 October NSI acquires office property in Bioscience Park Leiden
- 16 October NSI acquires high quality Dutch office portfolio
- 15 October NSI leases over 12000 sqm in two transactions
- 15 October NSI opens 10th HNK – HNK Utrecht Central Station
- 30 September Trading update Q3 2015
- 3 September NSI starts redevelopment shopping centre Keizerslanden
- 12 August Representatives of HABAS sell entire stake in NSI
- 30 June Interim report
- 17 June NSI intends to partially divest its stake in IOW UK
- 12 June HNK Ede Horapark opened it’s doors
- 30 April NSI AGM approves all resolutions
- 7 April NSI appoints Anne de Jong as chief investment officer-CIO
- 2 April NSI completes the sale of no strategic properties
- 31 March NSI sells office asset in Amsterdam
- 12 March Rutgers WPF first tenant in HNK Utrecht Central Station 12 April
- 6 March Shoppingcenter ’t Loon reopened
- 5 February Panasonic first tenant in HNK Den Bosch
- 29 January NSI welcomes new tenant REWIN in Breda
2014
- 17 December NSI welcomes TEDi and Tanger Markt in Rotterdam
- 11 December EGM NSI approves all proposals
- 5 December NSI opens HNK Apeldoorn
- 26 November NSI court dismisses VEB Claims
- 24 November NSI welcomes five new tenants in ‘Hof ter Hage’ in The Hague
- 12 November NSI successfully completes redevelopments Zuiderterras in Rotterdam
- 6 November Opening HNK The Hague
- 30 October NSI convenes extraordinary general meeting of shareholders
- 30 September Trading update Q3
- 26 September NSI awarded with an EPRA Gold Medal
- 16 September NSI signs agreement with AbVie in HNK Hoofddorp
- 1 September New C-A store in shopping center ’t Loon has opened
- 29 Augustus COO Mark Siezen will leave NSI
- 8 August Press release
- 1 August Conference call half year results
- 2 July New tenants strengthen offering In de Boomgaard Rijswijk
- 3 June NSI signs rental agreement with Shi Hotel group in Amsterdam
- 19 May Press release
- 25 April NSI AGM approves all resolutions
- 8 April New tenants in shoppingcenter Zevenkamp
- 7 April Dirk Kuyt Foundation in HNK Rotterdam
- 31 March NSI signs rental agreement with Oxyma in HNK Rotterdam
- 31 March Trading update Q1
- 24 March Annual report and AGM agenda NSI
- 14 February NSI balance sheet resolved full focus on operations
- 5 February Panasonic first tenant HNK Den Bosch
- 3 February NSI welcomes Primark in Zuiderterras in Rotterdam
- 29 January NSI welcomes REWIN in Breda
- 16 January NSI signs rental agreement with Myscape in Eindhoven
More
- 2013 – 19 December Press release
- 2013 – 25 November Equity placement NSI completed
- 2013 – 21 November Press release
- 2013 – 14 November Press release
- 2013 – 11 November Press release
- 2013 – 8 November NSI announces a €300 million equity placement
- 2013 – 30 October Press release
- 2013 – 15 October Hertzel Habas resigns from supervisory board
- 2013 – 14 October NSI completes exit from Swiss market
- 2013 – 7 October NSI sign first lease agreement for HNK Utrecht
- 2013 – 30 September NSI extended lease of 2400 sqm office space in De Meern
- 2013 – 26 September NSI sells two Dutch shopping centers
- 2013 – 20 Augustus NSI signs 10 year lease agreement with Murata in Hoofddorp
- 2013 – 9 August Press release
- 2013 – 1 July Press release
- 2013 – 6 June Press release
- 2013 – 13 May Press release
- 2013 – 26 April NSI announces resolutions of AGM
- 2013 – 25 April NSI strengthens Board of Management with COO Mark Siezen
- 2013 – 23 April Press release
- 2013 – 14 April Warrent in relation to VNOI merger expired
- 2013 – 9 April Press release
- 2013 – 2 April Press release
- 2013 – 28 March Press release
- 2013 – 25 March Press release
- 2013 – 7 March Press release
- 2013 – 17 February Press release
- 2013 – 4 February Press release
- 2013 – 21 January Message
- 2013 – 17 January Press release
Presentations
2016
- Presentation preliminary 2016 full year results (English version only)
- Appendix presentation preliminary 2016 full year results (English version only)
- Half year result 2016 investor webcast
- ING small seminar Frankfurt
- Kempen real estate seminar
- Roadshow Israel 11-12 April
- Roadshow London
- Roadshow USA Kempen conference
2015
- Investor day 12 November collage sheet Tristate city Peter Savelberg
- Investor day 12 November Navigating dutch flexible office demand by Arjan Knibbe
- Investor day 12 November Game changers in the workplace by Marlon Huysmans
- Investor day 12 November
- Preliminary results full year 2015
- Presentation June 4 Kempen conference Amsterdam
- Presentation February 13 Analyst meeting preliminary figures 2014
- Presentation June 17 ING small cal Benelux conference in London
- Presentation half year results 2015
- Roadshow Netherlands
2014
- Presentation 1-2 April Roadshow London
- Presentation 1-2 October Roadshow USA
- Presentation June 5 Benelux real estate conference Kempen in Amsterdam
- Presentation 7-8 April Roadshow Tel Aviv
- Presentation 8 August half year results
- Presentation 9 September ING conference London
- Presentation 14 February Analyst meeting preliminary results 2013
- Presentation 19 March Roadshow Petercam Belgium
- Presentation 20 March Roadshow Netherlands
More
- 2012 Presentation 9 November Roadshow Petercam Belgium
- 2012 Presentation 10 April Roadshow Deutsche Bank Paris
- 2012 Presentation 10 August analyst meeting half year
- 2012 Presentation 10-12 January Roadshow Tel Aviv
- 2012 Presentation 15-16 March Kempen European Property Seminar New York
- 2012 Presentation 17 February analyst meeting year figures 2011
- 2012 Presentation 18 April Credit suisse global real estate conference London
- 2012 Presentation 21 November Kempen conference London
- 2012 Presentation 23 March Kempen Benelux Day Amsterdam
- 2012 Presentation 30 May Kempen European Property Seminar Amsterdam
AGM
General meetings of shareholders are convened by the Management Board or by the Supervisory Board. The General Meeting of Shareholders is held once a year at the end of April. Matters that general meetings of shareholders discuss include the annual report, adoption of the financial statements, appropriation of profit, formal approval of the policy conducted by the Management Board and Supervisory Board and decisions concerning vacancies and other agenda items. The approval of shareholders is required for resolutions that fundamentally affect the identity or the character of the company. Subject to the company’s articles of incorporation, the Management Board and/or Supervisory Board may include on the agenda items put forward by shareholders.
Please check the financial calendar when the next AGM will take place.
NSI is covered by the following sell-side analysts:
2017
EGM 21 July 2017 documentation
EGM 16 June 2017 documentation
- EGM 16 June 2017 Voting Results
- 16 June 2017 – NSI EGM adopt changes articles of associations
- EGM Agenda 16 June 2017
- Triptych Amendment Articles of Association NSI N.V.
- NSI NV – Draft deed of amendment Articles of Association
- NSI Proxy Form EGM 16 June 2017
BAVA 16 juni 2017 documenten (Nederlandse versie)
- BAVA 16 juni Stemresultaat
- BAVA Agenda 16 juni 2017
- Drieluik Statutenwijziging NSI NV
- NSI NV – Concept akte statutenwijziging
- NSI Volmacht BAVA 16 juni 2017
AGM 21 April 2017 documentation
- AVA notulen (NL)
- AGM Voting Results
- Agenda AGM
- Triptych Amendment Articles of Association
- Draft deed of amendment of Articles of Association
- Proxy form for the General Meeting
- Annual Report 2016
AVA 21 april 2017 documenten
More
- 2013 Minutes AGM (dutch only)
- 2012 Minutes EGM April (dutch only)
- 2012 Minutes EGM June (dutch only)
- 2011 Minutes AGM April (dutch only)
- 2010 Minutes AGM (dutch only)
- 2009 Minutes AGM March (dutch only)
- 2009 Minutes AGM October (dutch only)
- 2008 Minutes AGM April (dutch only)
- 2007 Minutes AGM September (dutch only)
- 2007 Minutes AGM (dutch only)
- 2006 Minutes AGM March (dutch only)
- 2006 Minutes AGM September (dutch only)
- 2005 Minutes AGM March (dutch only)
- 2004 Minutes AGM March (dutch only)
- 2004 Minutes AGM September (dutch only)
- 2003 Minutes AGM (dutch only)
- 2002 Minutes AGM March (dutch only)
Analysts
Niko Levikari
nico.levikari@nl.abnamro.com
Jaap Kuin
jaap.kuin@ingbank.com
John Vuong
john.vuong@kempen.com
Robert Woerdeman
robert.woerdeman@kempen.nl
Herman van der Loos
h.vanderloos@degroofpetercam.com
Frederic Renard
frenard@keplercheuvreux.com
Corporate Governance
The Management Board and the Supervisory Board are responsible for NSI’s compliance with corporate governance requirements, among other things. As a Dutch public limited liability company, NSI is subject to the Dutch Corporate Governance Code. Corporate governance provides for good business conduct, including transparency in all actions by the Management Board and proper supervision thereof, as well as being accountable for the exercise of this supervision. Please click here to see the relevant Corporate Governance documents.
Dividend policy
In accordance with the dividend policy adopted in the Shareholders’ Meeting of 25 April 2014, NSI distributes at least 75% of the direct result in cash. With this policy NSI complies with its distribution obligation as FBI (Fiscal Investment Institution).
The retained part of the direct result will be used for reinvestment in the business to drive shareholder returns longer term.
Overview dividend distribution
NSI distributes a dividend twice each year; an interim dividend is distributed after the publication of the H1 interim result and proposed the final dividend is announced with the publication of the preliminary annual results and distributed following the adoption of the final dividend in the annual Shareholders’ Meeting.
Please check the financial calendar for relevant publication and distribution dates.
Note: Dividends below have been adjusted for the 8:1 share consolidation adopted in June 2017
Financial calendar
Events
Financial Calendar
- 17 October 2019 | Publication trading update Q3 2019
- 28 January 2020 | Publication preliminary results 2019
- 5 March 2020 | Publication annual report 2019
- 16 April 2020 | Publication trading update Q1 2020
- 13 July 2020 | Publication half year results 2020
Dividend
(Interim-)dividend distribution
- 22 July 2019 | Ex-dividend date (interim dividend 2019)
- 23 July 2019 | Record date
- 24 July – 7 August 2019 | Stock dividend election period
- 12 August 2019| Dividend payment date