Bouwinvest Real Estate Investment Management B.V. (‘Bouwinvest’ or ‘the company’), domiciled in Amsterdam, is a private company with limited liability incorporated on 9 October 2002.

The movement in the participations and loans recognised in the financial fixed assets that do not belong to the group are as follows:

The compensable losses amounted to € 3.1 million at year-end 2017 (2016: € 8.1 million). Taking into account the compensable loss, the deferred tax asset has been estimated at € 0.8 million.