Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE  
Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel,   BELGIË  
 
Tel: +32 229 -91111. Fax: +32 229 -64301. E -mail: COMP -MERGER -REGISTRY@ec.europa.eu . 
  EUROPEAN COMMISSION  
Brussels,  12.9.2018  
C(2018 ) 6024 final  
 
 
To the notifying parties : 
 
 
Subject : Case M. 8958 - DV4 / ABP / OMERS / REAL ESTATE JV  
Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) 
No 139/20041 and Article 57 of the Agreement on the European Economic Area2  
Dear Sir or Madam,  
1. On 20 August 2018 , the European Commission received notification of a  proposed 
concentration pursuant to Article 4 of the Merger  Regulation by which Oxford DOOR 
Investor (UK) LLP (‘Oxford’, United Kingdom) , DV4 Limited (‘DV4’, British Virgin 
Islands) and Stichting Depositary APG Strategic Real Estate Pool (‘APG’, the 
Netherlands)  acquire within the meaning of Articles 3(1)(b) and 3(4) of the Merger 
Regulation joint control  over a newly created joint venture to own, develop and manage 
residential real estate to offer for rent at the Middlewood Locks site in Manchester (United 
Kingdom) .3 The concentration is accomplished by way of purchase of assets.  
2. The business activities o f the undertakings concerned are:  
- for Oxford : part of the wider OMERS Administration Corporation (‘OMERS’) Group. 
OMERS is the administrator of the Ontario Municipal Employees Retirement System 
Primary Pension Plan and trustee of the pension funds. OMERS  manages a diversified 
global portfolio of stocks and bonds as well as real estate, private equity and infrastructure 
investments;  
- for DV4 : a real estate investment fund;  
                                                 
1 OJ L 24, 29.1.2004, p. 1 ( the 'Merger Regulation '). With effect from 1 December 2009,  the Treaty on the 
Functioning of the European Union ( 'TFEU ') has introduced certain changes, such as the replacement of 
'Communi ty' by 'Union ' and 'common market ' by 'internal market '. The terminology of the TFEU will be used 
throughout this decision.  
2  OJ L 1, 3.1.1994, p.  3 (the 'EEA Agreement '). 
3  Publication in the Official Journal of the European Union No C 303 , 29.08.2018, p. 17  
PUBLIC VERSION  
2 - for APG : a depositary for an investment fund whose ultimate beneficial owner is 
Stichting Pensioenfonds ABP, a pension administration organisation that specialises in the 
field of collective pensions in the public sector  
3. After examination of the notification,  the European Commission has concluded that the 
notified operation falls withi n the scope of the Merger  Regulation  and of paragraph 5 (c) of 
the Commission Notice on a simplified procedure for treatment of certain concentrations 
under Council Regulation (EC) No 139/2004 .4 
4. For the reasons set out in the Notice on a simplified procedur e, the European Commission 
has decided not to oppose the notified operation and to declare it compatible with the 
internal market and with the EEA Agreement. This decision is adopted in application of 
Article 6(1)(b) of the Merger  Regulation  and Article 57 of the EEA Agreement . 
For the Commission  
(Signed)  
Johannes LAITENBERGER  
Director -General  
 
                                                 
4  OJ C 366, 14.12.2013, p. 5 .