During the year under review, investments in development projects
were as follows:
(x 1000) Investments Investments
(incl.minority*
participations)
Projects under construction
as at January 1,1981
297.100
391.000
Investments
173.900
217.200
471.000
608.200
Sales and rentals
7.
73.400
7.
106.500
Depreciation of projects costs
7.
23.300
7.
30.500
Revaluation due to currency
fluctuations
7.
2.600
7.
2.600
Projects under construction
as December 31,1981
f
371.700
f
468.600
Represented by:
Dwellings
f
167.300
f
188.400
Offices
142.300
178.100
Miscellaneous
62.100
102.100
1
371.700
f
468.600
During 1981 changes in our real estate holdings were as follows:
(x 1000) Book value Market value Market value
(incl.minority*
participations)
Value as at January 1,1981
405.854
491.200
762.300
purchases and projects taken
into operation
188.997
189.000
215.900
594.851
680.200
978.200
Costs, included in results
of sales
199.843
253.200
268.100
395.008
427.000
710.100
Depreciation
7.
5.206
Revaluation due to currency
fluctuations
2.569
2.600
4.600
Change in market value as
result of new valuation
7.
18.600
7.
16.800
Value as at December 31,1981
392.371
f
411.000
f
697.900
to the extent of our interests therein
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