Vastned Retail N : Vastned Retail and Vastned Belgium merger announcement
May 16, 2024 at 02:34 am EDT
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Vastned Retail N.V.
Vastned Retail N.V.
Below you will find information from the register publication of inside information. The information has been provided by the organisation.
Registration date16 may 2024 - 07:10
Statutory nameVastned Retail N.V.
TitleVastned Retail and Vastned Belgium merger announcement
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202405160000000004_2024.05.16 Gezamelijk Persbericht Vastned Fusievoornemen (NL).pdf(opens in a new window)
202405160000000004_2024.05.16 Joint Press Release Vastned Reverse Merger (EN).pdf(opens in a new window)
Date last update: 16 May 2024
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VastNed Retail NV published this content on
16 May 2024 and is solely responsible for the information contained therein. Distributed by
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16 May 2024 06:33:03 UTC.
Vastned Retail N.V. is a European listed property company focusing on the best retail property on the popular high streets of selected European cities with a historic city centre, also referred to as « core city assets ». The tenants of VastNed Retail N.V. include international and national department stores that are leading in their sector; major luxury, fashion and sports brands; supermarkets; and a wide range of other retailers.
By investing in historic city centres Vastned Retail N.V. contributes to the preservation of the cultural heritage in these city centres. Vastned Retail N.V. also provides a positive contribution to the liveability and safety in city centres by creating and renovating residential space above retail units. In this way, the company endeavours to create long-term value for its shareholders, tenants, employees and society as a whole.
At year-end 2023, the group's real estate portfolio amounted to EUR 1,373 million. Over 80% of the portfolio is comprised of property located in the historic centres of selected European cities. The remainder of the portfolio is mostly made up of Belgian retail parks, supermarkets and high-quality retail property in smaller cities in the Netherlands and Belgium.