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On behalf of ASR Dutch Prime Retail Fund, a.s.r. real estate is to buy a part of the retail portfolio from Ronstreet Properties. The portfolio consists of high street shop premises across the Netherlands. The transaction involves approximately € 94 million.
Edwin van de Woestijne, fund director ASR Dutch Prime Retail Fund: ‘The Ronstreet Properties portfolio is a fine addition to the ASR Dutch Prime Retail Fund. The shops are at absolute prime locations in streets where the retail fund already owns various premises and therefore these fit in excellently with our retail fund’s strategy.’