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12 Investment property under construction

  

2016

 

2015

At the beginning of the year

 

-

 

3,962

Investments

 

22,968

 

4,605

Transfer to investment property

 

(6,649)

 

(8,567)

Net gain (loss) from fair value adjustments on investment property under contruction

(1,249)

 

-

 

In profit and loss

 

(1,249)

 

-

In other comprehensive income

 

-

 

-

Transfers out of level 3

 

-

 

-

At the end of the year

 

16,319

 

-

The investment property under construction in 2016 relates to the projects Domus Magnus in Den Bosch, Aliantus Oud Seyst in Zeist, Ingenhouszhof in Amsterdam and Zonnehuis Theresia in Ouderkerk a/d Amstel. For the year 2015 the project Ingenhouszhof in Amsterdam was under construction. 

The investment property under construction is valued by external valuation experts.

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