The assets held for sale in the segment East include the shares in WM Holding (HK) Limited, as the intention is to sell them to the main shareholder in the next financial year. The measurement of the shares at fair value less costs of disposal result in an impairment loss in the amount of €5 million (2021/22: €114 million), which is recognised in the other investment result.
In Q1, the disposal of the parts of the campus site in Düsseldorf and the sale of the 2 locations in Austria were successfully concluded. The disposal of the single property in Poland was finalised in Q3. Individual properties in Turkey and the Netherlands were added in the 4th quarter due to the intention to sell them. The sale is expected to be completed by the middle of the coming financial year 2023/24.