NN Group has sold a Dutch residential real estate portfolio of 6,777 units for a total consideration of approximately €1.5 billion ($1.8 billion).
The buyer was Dutch residential real estate investor Vesteda.
The portfolio consists of 5,983 existing residential units and 794 units in development projects, both part of the former residential real estate portfolio of Delta Lloyd.
Completion of the transaction is expected before the end of June 2018.
