Rotterdam-based green-office developer OVG reportedly plans to raise €300 mln from investors through a 'blind pool' listing on Euronext Amsterdam.
Rotterdam-based green-office developer OVG reportedly plans to raise €300 mln from investors through a 'blind pool' listing on Euronext Amsterdam.
Dutch financial newspaper Het Financieele Dagblad cited anonymous sources as saying the listing is pencilled in for May or June, and that the money raised would be invested in the office market in the Amsterdam region. OVG declined to comment on the alleged listing plans.
The newspaper reports come shortly after Domus, a Dutch-based owner of residential property in the Czech Republic, announced plans to list on Euronext Amsterdam sometime in the second quarter of 2014.
Some market watchers have hailed the news of the two impending listings as further evidence of increased investor confidence of a recovery in the Dutch property market. Ireland and Spain, markets in recovery following steep downturns in recent years, have also seen renewed listing activity by property companies.
