Report
Steven Boumans

Vastned : Strategy update in line with our expectations, waiting for more details on 2021 targets

>Investment case – strategy update in line with our expectations, more material targets for 2021 expected - The announced strategy update with FY 2020 results was largely in line with our expectations in terms of the main changes that the company wants to achieve with its portfolio (reducing retail, more mixed use with residential and office components while focusing to city centres). However, we had hoped the company to provide a more tangible targets for 2021 alread...
Underlying
Vastned Retail NV

VastNed Retail is a property investment company with variable capital, which makes long-term investments in individual retail properties, shopping centers and retail warehouses, primarily in the eurozone. Co. invests in individual retail trade properties at locations in The Netherlands, Spain, France, Belgium and Turkey. VastNed Offices/Industries N.V., specializes in offices, logistics centers and industrial premises at locations in The Netherlands, Belgium and northern France.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Steven Boumans

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