The management of this NYSE Euronext Amsterdam-listed closed end property fund was taken over by Arcona Capital in February 2012. A three stage stabilisation and recovery plan was then launched. Between 2012 and 2014 operating costs and vacancy rates were sharply reduced. Between 2014 and 2016 the debt finance was completely restructured. Since 2016 the Fund has been growing fast, increasing its allocations to the retail sector and expanding into Poland. A dedicated website was launched in January 2017.