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11. Unrealised results

The unrealised results can be specified as follows:




Revaluation investment property



Revaluation investment property under construction



Movements in provisions for contractual obligations



Results from participating interests



Revaluation right of use landlease






For the full year, the unrealised result amounted to a negative €863 million in 2023, compared with a negative result of € 218 million in 2022. After several years of positive revaluations of our portfolio, the market has turned, and we saw negative revaluations since the third quarter of 2022.