Dutch property groups VastNed Offices/Industrial (VWNN.AS) and Nieuwe Steen Investments (NSTEc.AS) are having another shot at merger talks. Negotiations to form a group with a combined 2.3 billion euros of property assets failed in February due to disagreement over price, leaving them mulling their strategy in a domestic market suffering from oversupply. A bid from NSI, which in December offered 0.85 NSI shares for each VastNed Offices/Industrial (VNOI) share, would have helped the companies create economies of scale and cope with the overcrowded Dutch market. "There can be no certainty that these discussions will result in a transaction," both groups said in separate statements on Friday.
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