Firm establishment in the core city assets` segment remains the objective.
As at 31 March 2018, 59% of the real estate portfolio consisted of core city assets and 41% of mixed retail locations (inner-city shops outside of the premium cities, high-end retail parks and retail warehouses).
Occupancy rate as at 31 March 2018: 99% (99% as at 31 December 2017).
Increase in the fair value of the existing real estate portfolio by € 1 million in the first quarter of 2018.
Increase of the EPRA earnings in the first quarter of 2018 of 13% to € 0.66 per share (€ 0.58 for the first quarter of 2017), mainly as the result of the refinancing executed in 2017.
Limited debt ratio of 26% as at 31 March 2018.
Vastned Retail N.V. issues a voluntary and conditional takeover bid on Vastned Retail Belgium NV. The acceptance period runs from 2 May 2018 through 1 June 2018.
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Source: Vastned Retail Belgium via GlobeNewswire