Vastned Retail Belgium invests exclusively in Belgian commercial real estate, more specifically in premium city high street shops (prime retail properties located on the best shopping streets of the major cities of Antwerp, Brussels, Ghent and Bruges), in high street shops (inner-city shops outside the premium cities) and non-high street shops (high-quality retail parks and retail warehouses).
At present the portfolio is composed of 143 lettable units, spread over 61 different locations.
As at 30 June 2016, 58% of the real estate portfolio consists of premium city high street shops, 17% of high street shops and 25% of non-high street shops (retail parks and retail warehouses).
As at 30 June 2016, the fair value of the investment properties amounts to € 349 million.
The occupancy rate reaches 99% as at 30 June 2016.
Vastned Retail Belgium has been registered as a public regulated real estate company in the list of Belgian investment institutions since 22 December 1998. The shares of the company are quoted on the regulated market of Euronext Brussels.
Closing share price