An undisclosed buyer signed a non-binding deal to acquire the investment property in the Netherlands from Maplewood International Real Estate Investment Trust (TSXV:MWI.UN) for €7.3 million on July 4, 2018. Maplewood International Real Estate Investment Trust (TSXV:MWI.UN) entered into an agreement to acquire Investment Property in Netherlands for €6.4 million on March 6, 2020. As per the transaction, the deal is conditional upon receiving board and unit holder approvals. The Board has unanimously approved the transaction. A special meeting of Maplewood International Real Estate Investment Trust for unit holder is scheduled on August 13, 2018. As on August 13, 2018, the transaction was approved by the unit holders of Maplewood International. The board is still subject to TSXV's approval including receipt by the TSXV of updated unitholder approval via consent letter. The proceeds from the sale will be used to declare and pay a special distribution to unit holders. An undisclosed buyer completed the acquisition of the investment property in the Netherlands from Maplewood International Real Estate Investment Trust (TSXV:MWI.UN) on March 20, 2020.