24 Subsequent events

As of 2 January 2015, the Residential Fund has three new shareholders. These are the Stichting Pensioenfonds voor Fysiotherapeuten (the Dutch pension fund for the physiotherapy sector), Stichting Bedrijfstakpensioenfonds PNO Media (media pension fund) and Stichting COOP Pensioenfonds (COOP supermarket pension fund). The three new shareholders, together with the Stichting Bedrijfstakpensioenfonds voor de Zoetwarenindustrie (pension fund for the Dutch confectionary industry) invested in total € 92.5 million in the Residential Fund on 2 January 2015.

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