| | 2016 | 2015 |
As per 1 January | - | - |
Acquisitions | 1,002 | - |
Net result for the year | 4 | - |
As per 31 December | 1,006 | - |
The Fund acquired the shares (100%) of the following subsidiaries:
Bouwinvest Retail Development B.V., Amsterdam
Bouwinvest Dutch Institutional Retail Fund Services B.V., Amsterdam
Bouwinvest Retail Development B.V. redevelops investment properties for Bouwinvest Dutch Institutional Retail Fund N.V.