VASTB Vastned Retail Belgium NV

Vastned Belgium: Interim statement from the Board of Directors as at 30 September 2022

Vastned Belgium: Interim statement from the Board of Directors as at 30 September 2022

• Vastned Belgium achieves a positive net result of € 11.9 million.



• Increase of the expected EPRA earnings per share for 2022 to € 2.55 - € 2.60 (from € 2.45 - € 2.55) despite the uncertain outlook.



• High occupancy rate of 99.0% underlines the quality of the real estate portfolio.



• Highly stable collection rate (99.6%) of rental income during the first nine months of 2022.



• Slight decrease (€ -1.0 million or -0.3%) in the value of the existing real estate portfolio compared to the previous financial year.



• € 40.8 million in unused credit facilities available.



• Low debt ratio of 27.2% provides sufficient protection for shareholders in the current, volatile, economic environment.



• Sven Bosman’s appointment as Operational Managing Director made permanent.

Full press release:

Attachment



EN
24/10/2022

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Benelux Morning Notes

CFE: Preview: underlying 2026 margin to improve / DEME: Preview: strong 2025, eyes on 2026 outlook / JDE Peet's: Acquisition by KDP expected to close in 2Q26 / Solvay: 2025 ends with strong FCF; 2026F und. EBITDA guidance slightly below, supported by one-off / UCB: Peer Moonlake investor day / Vastned: Beat on bottom line with operational metrics accelerating, but outlook remains weak

 PRESS RELEASE

Vastned Annual results 2025

Vastned Annual results 2025 Vastned concludes 2025 with a stable EPRA result, a decrease of the debt ratio below 40% and an increase in the proposed dividend. After completion of the reverse cross-border merger, the group operates with one listed entity and simplified governance. Vastned achieves the objectives of the reverse cross-border merger... ✔ An organizational simplification that improves the efficiency of the Vastned group with only one listed entity, one management and simplified governance.✔ An operational synergy worth € 2.0 million, with additional potential in 2026.✔ Optimize...

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