ABM ''vergeet'' te melden dat er ander nieuws stond in het persbericht van vandaag...

Divestment and Acquisitions
This month, Vastned Retail sold its property known as “Winkelcentrum Eckart” in Eindhoven for a sales price of € 7 million, plus an earn-out fee to be paid when the permit allowing to build housing is provided for the site. The sales price is more than 2% above the latest book value. The property was considered by Vastned as a non-strategic asset. The development opportunities for the location will be better addressed by the new owner, an experienced project developer. Vastned Retail has used the proceeds to repay part of the outstanding bridge loan.

Vastned Belgium has acquired all shares in Gevaert NV on 24 December 2024. Gevaert NV owns properties located in the Bondgenotenlaan 63 / Lepelstraat 87 in Louvain and a property located in the Rue de Fer 139-141 / Rue de l’Inquiétude 1 in Namur. The shares of Gevaert NV were acquired at a similar yield as the average yield of Vastned Belgium’s real estate portfolio. The acquisition was financed with the available credit facilities at an average interest rate below 4%.