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Vastned Retail NV (VASN.AS)

VASN.AS on Amsterdam Stock Exchange

25.90EUR
16 Aug 2019
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Latest Key Developments (Source: Significant Developments)

Vastned Retail Belgium H1 Operating Result Swings To Loss Of EUR 0.2 Million
Thursday, 25 Jul 2019 12:00pm EDT 

July 25 (Reuters) - VASTNED RETAIL BELGIUM NV ::LIMITED DEBT RATIO OF 30% AS AT 30 JUNE 2019.EXPECTED GROSS DIVIDEND FOR 2019 BETWEEN EUR 2.75 AND EUR 2.85 PER SHARE.OCCUPANCY RATE AS AT 30 JUNE 2019: 96% (98% AS AT 31 DECEMBER 2018).H1 EPRA EARNINGS EUR 1.45 PER SHARE (EUR 1.38 FOR FIRST SEMESTER OF 2018).H1 RENTAL INCOME EUR 9.7 MILLION VERSUS EUR 9.6 MILLION YEAR AGO.H1 NET LOSS EUR 1.6 MILLION VERSUS PROFIT EUR 6.3 MILLION YEAR AGO.H1 OPERATING LOSS EUR 0.2 MILLION VERSUS PROFIT EUR 7.3 MILLION YEAR AGO.  Full Article

Vastned Retail FY Gross Rental Income Down At 77.1 Million Euros
Wednesday, 13 Feb 2019 12:33pm EST 

Feb 13 (Reuters) - VASTNED RETAIL NV ::DIVIDEND PROPOSAL FOR 2018 € 2.05 PER SHARE.OCCUPANCY RATE OF PORTFOLIO 50 BASIS POINTS UP TO 98.6% AT YEAR-END 2018.VALUE INCREASE OF THE TOTAL PORTFOLIO € 5.9 MILLION; VALUE INCREASE OF THE CORE CITY ASSETS € 12.1 MILLION.FY LIKE-FOR-LIKE GROSS RENTAL GROWTH FOR THE FULL PORTFOLIO OF 0.8 %.FORECAST FOR DIRECT RESULT 2019: € 2.00 - € 2.10 PER SHARE.GROSS RENTAL INCOME INCLUDING NON-RECURRING ITEMS WAS € 77.1 MILLION IN 2018 AGAINST € 77.5 MILLION IN 2017.  Full Article

Vastned Retail Leases Calle Serrano 36 In Madrid To Sephora And Places 50 Million Euros Long-Term Bond Loan
Friday, 18 Jan 2019 02:22am EST 

Jan 18 (Reuters) - VASTNED RETAIL NV ::VASTNED LEASES CALLE SERRANO 36 IN MADRID TO SEPHORA AND PLACES EUR 50 MILLION LONG-TERM BOND LOAN.VASTNED HAS PLACED A EUR 50 MILLION LONG-TERM BOND LOAN WITH PRICOA CAPITAL GROUP.BOND LOAN HAS A 7-YEAR DURATION AND A 2.73% COUPON.NEW LOAN WILL BE USED TO REFINANCE EXISTING LOANS.VASTNED'S CONSERVATIVE FINANCING POLICY WILL BE MAINTAINED, INCLUDING THE OBJECTIVE OF FINANCING WITH AT LEAST 25% NON-BANK LOANS.PRESENT FINANCING STRUCTURE PROVIDES SUFFICIENT FINANCIAL ROOM TO REDEEM CONVERTIBLE BOND THAT MATURES IN APRIL 2019.  Full Article

Vastned Retail Occupancy Rate Of 96.7% As At 30 September 2018
Tuesday, 30 Oct 2018 01:01pm EDT 

Oct 30 (Reuters) - VASTNED RETAIL NV ::OCCUPANCY RATE CORE CITY ASSETS 96.7% AS AT 30 SEPTEMBER 2018.FORECAST FOR 2018 DIRECT RESULT AT TOP OF RANGE, BETWEEN € 2.15 AND €2.20 PER SHARE.DIVIDEND PROPOSAL FOR 2018 € 2.05 PER SHARE IN TOTAL.  Full Article

Vastned Retail Belgium Operating Result Down At 8.4 Million Euros
Thursday, 25 Oct 2018 12:08pm EDT 

Oct 25 (Reuters) - VASTNED RETAIL BELGIUM NV ::EXPECTED GROSS DIVIDEND FOR 2018 BETWEEN € 2.75 AND € 2.80 PER SHARE.INCREASE OF EPRA RESULT IN THE FIRST NINE MONTHS OF 2018 TO € 2.12 PER SHARE (€ 1.78 FOR THE FIRST NINE MONTHS OF 2017).OCCUPANCY RATE AS AT 30 SEPTEMBER 2018: 98% (99% AS AT 31 DECEMBER 2017).Q3 OPERATING RESULT EUR 8.4 MILLION VERSUS EUR 29.6 MILLION YEAR AGO.Q3 NET RESULT EUR 7.3 MILLION VERSUS EUR 28.0 MILLION YEAR AGO.  Full Article

Vastned Retail Belgium H1 EPRA Earnings Up At EUR 1.38 Per Share
Monday, 30 Jul 2018 12:00pm EDT 

July 30 (Reuters) - VASTNED RETAIL BELGIUM NV ::EPRA EARNINGS IN THE FIRST SEMESTER OF 2018, € 1,38 PER SHARE (€ 1,24 FOR THE FIRST SEMESTER OF 2017).OCCUPANCY RATE AS AT 30 JUNE 2018: 97% (99% AS AT 31 DECEMBER 2017).EXPECTED GROSS DIVIDEND FOR 2018 BETWEEN € 2,70 AND € 2,80 PER SHARE.LIMITED DEBT RATIO OF 29% AS AT 30 JUNE 2018.H1 RENTAL INCOME EUR 9.7 MILLION VERSUS EUR 9.5 MILLION YEAR AGO.H1 NET PROFIT EUR 6.3 MILLION VERSUS EUR 20.7 MILLION YEAR AGO.H1 OPERATING RESULT EUR 7.3 MILLION VERSUS EUR 21.3 MILLION YEAR AGO.  Full Article

Vastned Retail Occupancy Rate Of Total Portfolio Falls To 97.9 Pct As At March 31
Tuesday, 8 May 2018 12:46pm EDT 

May 8 (Reuters) - VASTNED RETAIL NV ::OCCUPANCY RATE CORE CITY ASSETS SLIGHTLY UP TO 99.7% AS AT 31 MARCH 2018.FORECAST FOR DIRECT RESULT 2018 OF € 2.10 - € 2.20 PER SHARE CONFIRMED.CONFIRMS PREVIOUSLY ANNOUNCED FORECAST FOR 2018 DIRECT RESULT OF BETWEEN € 2.10 AND € 2.20 PER SHARE.REALISED 4.7% RENT INCREASE ON LEASES CONCLUDED FOR CORE CITY ASSETS IN Q1 2018.PROPERTY PORTFOLIO HAS A SIZE OF APPROXIMATELY € 1.5 BILLION AS AT 31 MARCH 2018.CONCLUDED 22 LEASES FOR € 5.4 MILLION IN TOTAL IN THE FIRST QUARTER..OCCUPANCY RATE OF THE TOTAL PORTFOLIO DECREASED FROM 98.1% AT END 2017 TO 97.9% AS AT 31 MARCH 2018.  Full Article

Vastned Retail Issues Takeover Bid For All Shares In Vastned Retail Belgium
Thursday, 12 Apr 2018 12:00pm EDT 

April 12 (Reuters) - VASTNED RETAIL BELGIUM NV ::VASTNED RETAIL ISSUES FORMAL TAKEOVER BID OF €57.50 PER SHARE FOR ALL SHARES IN VASTNED RETAIL BELGIUM.MINIMUM ACCEPTANCE THRESHOLD OF 90% OF THE FREE FLOAT.ACCEPTANCE PERIOD EXPECTED TO RUN FROM 2 MAY 2018 THROUGH 1 JUNE 2018.TAKEOVER BID WILL ONLY HAVE ONE ACCEPTANCE PERIOD, WITHOUT THE POSSIBILITY OF A VOLUNTARY REOPENING OF THE BID.TAKEOVER BID AT € 57.50 PER SHARE.TAKEOVER DOES NOT AFFECT EMPLOYMENT AT VASTNED RETAIL BELGIUM NOR DOES VASTNED RETAIL N.V. EXPECT ANY SUBSTANTIAL CHANGE IN THE STRATEGY OF VASTNED RETAIL BELGIUM.  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