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Financial statements

3 Financial assets

	2017	2016
As per 1 January	-	-
Acquisitions and capital contributions	2	-
Net result for the year	54	-
As per 31 December	56	-

The Fund acquired the shares (100%) of the following subsidiaries:

Bouwinvest Residential Development B.V. redevelops investment properties for Bouwinvest Dutch Institutional Residential Fund N.V.