Prestigious company headquarters in suburb of Amsterdam.

In November 2009, placement of the closed end property fund EuroSelect 17 was successfully concluded with equity capital of 99.5 million euros.

EuroSelect 17 is invested in a recently constructed, fully let office building in Amstelveen, a suburb bordering on southern Amsterdam and thus located in the most important metropolitan area of the Netherlands. The Office Center Amstelveen consists of altogether six office parts of which three are now the property of EuroSelect 17. Ownership of the other three office parts has been transferred to three institutional funds and will also be managed by an IVG company. Due to its good infrastructure links and the prestigious tenant who has already been located here for some 20 years, the Amstelveen office market offers investors good underlying conditions for sustained value-added: solid economic foundations combined with favourable tax terms.

The rental space of the fund property Office Center Amstelveen totals approximately 37,525 square meters plus 1,080 parking spaces. The property has been fully let over the long term for 15 years and is used by a well-known auditing and consulting company for its headquarters in the Netherlands. The tenant has a break option for up to 55% of the space plus pro rata parking spaces after ten years.

Payouts for 2010 were effected in the amount projected in the prospectus (6% p. a.) in November 2010 and May 2011.