Company Vastned Retail N.V.

Equities

VASTN

NL0000288918

Commercial REITs

Market Closed - Euronext Amsterdam 09:05:02 26/04/2024 pm IST 5-day change 1st Jan Change
22.55 EUR +2.27% Intraday chart for Vastned Retail N.V. +1.35% +12.19%

Business Summary

Vastned Retail N.V. is a European listed property company focusing on the best retail property on the popular high streets of selected European cities with a historic city centre, also referred to as « core city assets ». The tenants of VastNed Retail N.V. include international and national department stores that are leading in their sector; major luxury, fashion and sports brands; supermarkets; and a wide range of other retailers.

By investing in historic city centres Vastned Retail N.V. contributes to the preservation of the cultural heritage in these city centres. Vastned Retail N.V. also provides a positive contribution to the liveability and safety in city centres by creating and renovating residential space above retail units. In this way, the company endeavours to create long-term value for its shareholders, tenants, employees and society as a whole.

At year-end 2023, the group's real estate portfolio amounted to EUR 1,373 million. Over 80% of the portfolio is comprised of property located in the historic centres of selected European cities. The remainder of the portfolio is mostly made up of Belgian retail parks, supermarkets and high-quality retail property in smaller cities in the Netherlands and Belgium.

Number of employees: 28

Sales per Business

EUR in Million2022Weight2023Weight Delta
Rental
99.0 %
66 99.4 % 72 99.0 % +8.68%
Other
1.0 %
0 0.6 % 1 1.0 % +74.57%

Sales per region

EUR in Million2022Weight2023Weight Delta
Netherlands
44.6 %
31 45.8 % 61 44.6 % +99.73%
Belgium
27.0 %
18 27.0 % 37 27.0 % +105.54%
France
22.9 %
15 22.6 % 31 22.9 % +107.32%
Spain
5.5 %
3 4.6 % 8 5.5 % +143.65%

Managers

Managers TitleAgeSince
Chief Executive Officer 50 01/14/01
Director of Finance/CFO 41 01/19/01
Corporate Secretary 37 01/21/01
Corporate Officer/Principal 58 12/12/12
General Counsel 54 01/04/01

Members of the board

Members of the board TitleAgeSince
Chairman 66 01/19/01
Director/Board Member 55 14/22/14
Director/Board Member 63 14/22/14

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 19,036,646 9,885,723 ( 51.93 %) 1,884,670 ( 9.900 %) 51.93 %

Shareholders

NameEquities%Valuation
4,755,354 24.98 % 115 M €
1,884,670 9.900 % 46 M €
1,610,500 8.460 % 39 M €
ICAMAP Investments SARL
3.715 %
707,194 3.715 % 17 M €
Goldman Sachs Advisors BV
3.432 %
653,302 3.432 % 16 M €
Tikehau Capital Advisors SAS
3.050 %
580,618 3.050 % 14 M €
J. Niessen
3.010 %
573,003 3.010 % 14 M €
J. de Jonge Group BV
1.660 %
316,000 1.660 % 8 M €
BNP PARIBAS ASSET MANAGEMENT Netherlands NV
1.531 %
291,461 1.531 % 7 M €
Martin Maurel Gestion Institutionnelle SA
0.4163 %
79,252 0.4163 % 2 M €

Holdings

NameEquities%Valuation
3,325,960 65.49% 105,605,882 $
1,884,670 9.90% 45,695,709 $

Company contact information

Vastned Retail NV

Mercuriusplein 11

2132 HA, Hoofddorp

+31 20 242 4300

http://www.vastned.com
address Vastned Retail N.V.(VASTN)

Group companies

NameCategory and Sector
Real Estate Investment Trusts

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
4
Last Close Price
22.55 EUR
Average target price
21.25 EUR
Spread / Average Target
-5.76%
Consensus

Annual profits - Rate of surprise

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