ABP invests in antenna sites for mobile communication in the Netherlands

Amsterdam, 16 October 2017 –The Rabo Bouwfonds Communication Infrastructure Fund (CIF) is selling its equity interest in Open Tower Company (OTC) to the combination NOVEC and pension fund ABP. The acquisition provides ABP with a controlling interest in OTC. The joint venture OTC, founded in 2009 by CIF and NOVEC, has become the leading independent provider of antenna sites in the Netherlands. The sites are used by telecom companies to provide national mobile network coverage for their customers.