# C_2006157EN.01001601.xml

| 6.7.2006 | EN | Official Journal of the European Union | C 157/16 |
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6.7.2006

EN

Official Journal of the European Union

C 157/16

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Prior notification of a concentration

(Case COMP/M.4245 ABP/Europe Realty/HOST/HHR EURO CV — HHR TRS CV )

Candidate case for simplified procedure

(2006/C 157/07)

(Text with EEA relevance)

| 1. | On 27 June 2006, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 by which the undertakings Stichting Pensioenfonds ABP (‘ABP’, The Netherlands), Europe Realty Holdings Pte. Ltd. (‘Europe Realty’, Singapore) through its wholly-owned subsidiary Jasmine Hotels Private Limited (‘Jasmine Hotels’, Singapore) and Host Hotels & Resorts, Inc. (‘Host’; US) acquire within the meaning of Article 3(1)(b) of the Council Regulation joint control of the undertakings HHR EURO CV (‘HHR EURO’, The Netherlands) and HHR TRS CV (‘HHR TRS’, The Netherlands) by way of shareholders agreement. |
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1.

On 27 June 2006, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 by which the undertakings Stichting Pensioenfonds ABP (‘ABP’, The Netherlands), Europe Realty Holdings Pte. Ltd. (‘Europe Realty’, Singapore) through its wholly-owned subsidiary Jasmine Hotels Private Limited (‘Jasmine Hotels’, Singapore) and Host Hotels & Resorts, Inc. (‘Host’; US) acquire within the meaning of Article 3(1)(b) of the Council Regulation joint control of the undertakings HHR EURO CV (‘HHR EURO’, The Netherlands) and HHR TRS CV (‘HHR TRS’, The Netherlands) by way of shareholders agreement.

| 2. | The business activities of the undertakings concerned are:






  — | for ABP: provision of income security against disability, death and pension for the employers and employees in the Service of the Dutch government and the educational sector, |
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2.

The business activities of the undertakings concerned are:

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for ABP: provision of income security against disability, death and pension for the employers and employees in the Service of the Dutch government and the educational sector,

| — | for Europe Realty: ownership and administration of the assets of the Government of Singapore, |
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for Europe Realty: ownership and administration of the assets of the Government of Singapore,

| — | for Host: ownership and operation of hotels in the US, Canada, Chile and Mexico, |
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for Host: ownership and operation of hotels in the US, Canada, Chile and Mexico,

| — | for HHR EURO: investment in hotel real estate in the European Union, |
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for HHR EURO: investment in hotel real estate in the European Union,

| — | for HHR TRS: leasing hotel real estate from HHR EURO. |
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for HHR TRS: leasing hotel real estate from HHR EURO.

| 3. | On preliminary examination, the Commission finds that the notified transaction could fall within the scope of Regulation (EC) No 139/2004. However, the final decision on this point is reserved. Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004 (1) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice. |
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3.

On preliminary examination, the Commission finds that the notified transaction could fall within the scope of Regulation (EC) No 139/2004. However, the final decision on this point is reserved. Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004 (1) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.

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| 4. | The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.
  Observations must reach the Commission not later than 10 days following the date of this publication. Observations can be sent to the Commission by fax (fax No (32-2) 296 43 01 or 296 72 44) or by post, under reference number COMP/M. 4245 ABP/Europe Realty/HOST/HHR EURO CV — HHR TRS CV, to the following address:





  European Commission |
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| Directorate-General for Competition |
| Merger Registry |
| J-70 |
| B-1049 Bruxelles/Brussel |

4.

The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.

Observations must reach the Commission not later than 10 days following the date of this publication. Observations can be sent to the Commission by fax (fax No (32-2) 296 43 01 or 296 72 44) or by post, under reference number COMP/M. 4245 ABP/Europe Realty/HOST/HHR EURO CV — HHR TRS CV, to the following address:

European Commission

Directorate-General for Competition

Merger Registry

J-70

B-1049 Bruxelles/Brussel

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(1)  OJ C 56, 5.3.2005, p. 32.

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