8. Result on property sales

The result on property sales can be specified as follows:

In 2024, Vesteda sold a total of 701 homes from its investment portfolio, consisting of 444 individual unit sales and 5 complex sales. The net result on property sales amounted to €46 million (2023: €10 million).

As indicated in the accounting policies, results from the sale of individual units are based on the book value, which is derived from a specific allocation of the last determined property value before the sale.