Hoofddorp, the Netherlands,
16
December
2019
|
07:00
Europe/Amsterdam

Anne de Jong not available for second term

NSI N.V. (Euronext: NSI / NL0012365084) - Regulatory news

Anne de Jong, Chief Investment Officer of NSI since 2015, has recently informed the Supervisory Board of his decision not to pursue a second term as member of the Management Board. His current term is set to end at the April 2020 AGM.

Anne de Jong, CIO of NSI
“I have substantially achieved the targets I set out for myself when I joined NSI in terms of asset rotation, focus and vacancy reduction.”.
Anne de Jong, CIO of NSI

Anne de Jong, CIO of NSI, comments: “NSI has significantly transformed over the past few years and has become a much more professional business with a focussed investment portfolio and a clear sense of direction. I have substantially achieved the targets I set out for myself when I joined NSI in terms of asset rotation, focus and vacancy reduction. Since 2015 NSI has done €1.2bn in transactions, sold almost all of its retail assets, increased its exposure to Amsterdam to more than half the portfolio and has seen the vacancy rate fall below 10%. I am convinced the business is in great shape and has a great future ahead, so now it is a good opportunity to pursue a new phase in my career”.

Luurt van der Ploeg, Chairman of NSI, comments: “We are very grateful for Anne’s contribution to the transformation and repositioning of NSI. During his tenure the NSI investment portfolio has rapidly been transformed from a rather diversified pool of mostly regional assets to a much more focussed portfolio with significant embedded value-add and development potential. We wish Anne well on his future endeavours”.

About NSI N.V.

NSI N.V. (Euronext: NSI / NL0012365084) 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 dividends. For more information visit our website: www.nsi.nl.