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Vastned Retail NV (VASN.AS)

VASN.AS on Amsterdam Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Vastned Retail Belgium FY Rental Income At 19.4 Million Euros
Thursday, 7 Feb 2019 12:00pm EST 

Feb 7 (Reuters) - VASTNED RETAIL BELGIUM NV ::OCCUPANCY RATE AS AT 31 DECEMBER 2018: 98% (99% AS AT 31 DECEMBER 2017).GROSS DIVIDEND AMOUNTS TO EUR 2.85 PER SHARE FOR FINANCIAL YEAR 2018.INCREASE OF EPRA EARNINGS IN FINANCIAL YEAR 2018 TO EUR 2.85 PER SHARE (EUR 2.62 FOR FINANCIAL YEAR 2017).LIMITED DEBT RATIO OF 27.5% AS AT 31 DECEMBER 2018.EXTENSION OF DURATION OF REVOLVING CREDIT FACILITIES BY 1 YEAR TO 2023 UNDER SAME CONDITIONS..IN 2018, THE RENTAL INCOME OF VASTNED RETAIL BELGIUM AMOUNTED TO €19.4 MILLION.THE NET RESULT OF VASTNED RETAIL BELGIUM FOR FINANCIAL YEAR 2018 AMOUNTS TO €7.2 MILLION.  Full Article

Vastned Retail Expands Core City Assets Portfolio By 37.9 Million Euros
Tuesday, 11 Dec 2018 02:17am EST 

Dec 11 (Reuters) - VASTNED RETAIL NV ::FURTHER EXPANDS CORE CITY ASSETS PORTFOLIO.FIRST PROPERTY WAS BOUGHT FOR € 16.0 MILLION INCLUDING ACQUISITION COSTS.VASTNED HAS EXPANDED ITS CORE CITY ASSETS PORTFOLIO OVER RECENT MONTHS BY € 37.9 MILLION IN TOTAL.TACO DE GROOT WILL BE NOMINATED AT THE AGM FOR REAPPOINTMENT AS CEO..THE SECOND PROPERTY PURCHASE PRICE WAS € 12.0 MILLION INCLUDING ACQUISITION COSTS..VASTNED NOW HAS SEVEN RETAIL PROPERTIES IN LE MARAIS WITH A TOTAL VALUE OF APPROXIMATELY € 85 MILLION.SOLD A NUMBER OF NON-STRATEGIC PROPERTIES IN THE NETHERLANDS AND FRANCE FOR € 5.3 MILLION IN TOTAL.IN MADRID CALLE DE FUENCARRAL 27 WAS BOUGHT FOR € 4.2 MILLION INCLUDING ACQUISITION COSTS.IN AMSTERDAM REGULIERSDWARSSTRAAT 80-84 WAS BOUGHT FOR € 5.7 MILLION INCLUDING ACQUISITION COSTS.THE REAPPOINTMENT OF TACO DE GROOT AS CEO OF VASTNED WILL BE FOR A FOUR-YEAR TERM.  Full Article

Vastned Retail Acquires And Divests Property In The Netherlands And France
Thursday, 5 Apr 2018 10:21am EDT 

April 5 (Reuters) - VASTNED RETAIL NV ::ACQUIRES AND DIVESTS PROPERTY IN THE NETHERLANDS AND FRANCE.TWO ACQUISITIONS IN UTRECHT FOR € 15.1 MILLION IN TOTAL.NON-STRATEGIC PROPERTIES WERE SOLD IN THE NETHERLANDS AND FRANCE FOR A TOTAL OF € 20.8 MILLION.‍IN ZWIJNDRECHT CO SOLD ITS PARTIAL OWNERSHIP OF WALBURG SHOPPING CENTRE FOR EUR 16.5 MILLION​.  Full Article

Vastned Retail 2017 Direct Result At EUR 2.22 Per Share
Wednesday, 14 Feb 2018 12:33pm EST 

Feb 14 (Reuters) - VASTNED RETAIL NV ::2017 OCCUPANCY RATE OF TOTAL PORTFOLIO UP TO 98.1% (CORE CITY ASSETS: 99.6%).FY LIKE-FOR-LIKE GROSS RENTAL GROWTH OF 1.3% FOR THE FULL PORTFOLIO‍​.SEES EXPECTED 2018 DIRECT RESULT: € 2.10 - € 2.20 PER SHARE‍​.VASTNED INTENDS TO MAKE TAKEOVER BID OF € 57.50 PER SHARE FOR ALL VASTNED RETAIL BELGIUM SHARES IT DOES NOT YET HOLD.PORTFOLIO SHRANK IN 2018 COMPARED TO 2017.OCCUPANCY RATE FOR THE TOTAL PORTFOLIO TO 98.1% AT YEAR-END 2017.FY 2017 LOAN-TO-VALUE RATIO AT 38.8%.PORTFOLIO SHRINK WILL HAVE A NEGATIVE EFFECT ON THE GROSS RENTAL INCOME IN 2018.GROSS RENTAL INCOME WAS € 77.5 MILLION IN 2017 COMPARED TO € 81.3 MILLION IN 2016.2017 DIRECT RESULT HIGHER THAN EXPECTED AT € 2.22 PER SHARE.DECLARED A DIVIDEND FOR THE 2016 FINANCIAL YEAR OF € 2.05 PER SHARE.WILL PROPOSE TO DECLARE A DIVIDEND FOR THE 2017 FINANCIAL YEAR OF € 2.05 PER SHARE‍​.  Full Article

Vastned Retail Intends To Make Conditional Takeover Bid For Vastned Retail Belgium Shares
Monday, 15 Jan 2018 01:10am EST 

Jan 15 (Reuters) - VASTNED RETAIL N.V. ::ANNOUNCED ON SUNDAY INTENTION TO MAKE A VOLUNTARY AND CONDITIONAL PUBLIC TAKEOVER BID OF EUR 57.50 PER SHARE IN CASH FOR ALL NOT OWNED SHARES IN VASTNED RETAIL BELGIUM NV.CO DIRECTLY AND INDIRECTLY HOLDS 65.49% OF SHARES IN VASTNED RETAIL BELGIUM NV .PROPOSES TO CONVERT VASTNED RETAIL BELGIUM FROM A PUBLIC REGULATED REAL ESTATE COMPANY INTO SPECIALISED REAL ESTATE INVESTMENT FUND.IN CASE OF CONVERSION, STOCK LISTING OF VASTNED RETAIL BELGIUM WILL BE CANCELLED.  Full Article

Vastned Retail Q3 occupancy rate core city assets remains high at 99.6%
Wednesday, 1 Nov 2017 02:10am EDT 

Nov 1 (Reuters) - VASTNED RETAIL NV ::AT Q3 OCCUPANCY RATES CORE CITY ASSETS AND TOTAL PORTFOLIO REMAIN HIGH AT 99.6% AND 97.6% RESPECTIVELY‍​.ESTIMATED DIVIDEND PROPOSAL 2017 € 2.05 PER SHARE UNCHANGED.CONFIRMS ESTIMATED 2017 DIRECT RESULT AT EUR 2.10 TO EUR 2.20 PER SHARE‍​.  Full Article

Euronext announces quarterly revision of Dutch indices
Thursday, 7 Sep 2017 02:47pm EDT 

Sept 7(Reuters) - Euronext NV ::Announces quarterly review of the AEX .AEX, AMX .AMX and AScX .ASCX indices.Volker Wessels <<>> to be included in the AMX index.VastNed <<>> to be removed from the AMX index.VastNed to be included in the AScX index.Kiadis <<>> to be removed from the AScX index.Changes will be effective as of Sept. 18.  Full Article

Vastned Retail announces adjusted conversion price of convertible bond for dividend distributions
Friday, 4 Aug 2017 11:46am EDT 

Aug 4 (Reuters) - VASTNED RETAIL NV ::HAS ADJUSTED CONVERSION PRICE OF CONVERTIBLE BOND FOR DIVIDEND DISTRIBUTIONS.CONVERSION PRICE IS ADJUSTED FROM EUR 43.34 TO EUR 42.6.  Full Article

Vastned Retail H1 occupancy rate total portfolio at 97.3%
Wednesday, 2 Aug 2017 01:03am EDT 

Aug 2 (Reuters) - VASTNED RETAIL NV : :OCCUPANCY RATE CORE CITY ASSETS UP TO 99.5% AND OCCUPANCY RATE TOTAL PORTFOLIO REMAINS HIGH AT 97.3%.POSITIVE LIKE-FOR-LIKE GROSS RENT GROWTH OF 3.8% FOR CORE CITY ASSETS RESULTS IN LIKE-FOR-LIKE GROSS RENT GROWTH OF 1.1% FOR TOTAL PORTFOLIO.DIRECT RESULT HY1 2017 € 1.07 PER SHARE.INDIRECT RESULT HY1 2017 € 2.34 PER SHARE.INTERIM-DIVIDEND HY 2017 € 0.64 PER SHARE.ESTIMATED DIRECT RESULT 2017 UNCHANGED € 2.10 - € 2.20 PER SHARE.ESTIMATED DIVIDEND 2017 € 2.05 PER SHARE.TURKISH PORTFOLIO SOLD AND € 30.1 MILLION (INCLUDING COSTS) OF THE PROCEEDS USED FOR SHARE BUY-BACK.VALUE INCREASE OF CORE CITY ASSETS* OF 4.8% (€ 54.4 MILLION), LEADING TO 3.1% VALUE INCREASE.VALUE INCREASE OF CORE CITY ASSETS OF 4.8% (€ 54.4 MILLION), LEADING TO 3.1% VALUE INCREASE OF TOTAL PORTFOLIO (€ 47.4 MILLION).  Full Article

Vastned Retail occupancy rate of core city assets up to 99.4 pct as at 31 March 2017
Wednesday, 10 May 2017 01:22am EDT 

May 10 (Reuters) - VASTNED RETAIL NV ::GUIDANCE FOR DIRECT RESULT 2017 OF € 2.10 - € 2.20 PER SHARE CONFIRMED.VASTNED REALISES 15% RENT INCREASE ON LEASES IT CONCLUDED FOR CORE CITY ASSETS IN Q1 2017.OCCUPANCY RATE OF CORE CITY ASSETS UP TO 99.4% AS AT 31 MARCH 2017.GUIDANCE FOR DIRECT RESULT 2017 OF € 2.10 - € 2.20 PER SHARE CONFIRMED.  Full Article