Belgian telcos: Digi launches new mobile offer at €7 per month with 30GB D'Ieteren: Belgium Sept car registration, Febiac cuts 2025 outlook to 405-410k new cars Dutch insurance: Achmea Sixth Steet JV done, new entrant for buyouts for ASR and NN Heijmans: I'm a steamroller baby Prosus: Just Eat Takeaway offer unconditional WDP: €22m investment in Romania
In this October update of our Dynamic Top Pick List we are removing VGP while adding Shurgard and Wolters Kluwer. Since its recent inclusion in our Dynamic Top Pick List in July-25, VGPs share rose by 10.6%. While we still believe there is significant upside to the share price, we don't see short term catalysts. In fact, the macro picture remains cloudy with the jury still out on the impact of tariffs and the erratic US policy shifts. Also, we are a bit concerned that competition in Western Eur...
Aedifica, Cofinimmo: Update on the Belgian Competition Authority. Arcadis: Share buyback programme. ASR: Focus on rural Real Estate – Farmland Fund. Coca-Cola Europacific Partners plc: Disasters strike. Heineken: From green to red. Zabka: Raising medium term store opening guidance
With the benefit of an unfolding stronger capital position, ASR is accelerating its buyouts as other players are stepping back. The recent placement of AEGON of 6% of its ASR stake bringing it down to 24% is a positive step that allows ASR to better manage its excess capital expectations. Core messages for us coming out of our ING London conference is the potential ASR has for longevity deals that will lead to further releases of capital in 2026-27, and the integration speed that already incorpo...
VGP Announces Sustainability Milestones With Highest Industrial New Construction Breeam Score Ever Globally Building B in VGP Park Arad, Romania, has been certified with BREEAM Outstanding, obtaining a score of 96.3%: the highest BREEAM International New Construction score awarded for an industrial building in the world everVGP Park Legnano, Italy, obtained the BREEAM outstanding certificate, being the first building across all use categories in Italy to receive thisHalf of VGP’s buildings delivered in the first half of 2025 has been certified BREEAM Outstanding 29 September 2025 – Antwer...
VGP Kondigt Duurzaamheidsprestaties aan met de Hoogste Industrial New Construction BREEAM-Score Ooit Wereldwijd Gebouw B in VGP Park Arad, Roemenië, is gecertificeerd met BREEAM Outstanding en behaalde een score van 96,3%: de hoogste BREEAM International New Construction-score die ooit aan een industrieel gebouw ter wereld is toegekendVGP Park Legnano, Italië, heeft het BREEAM Outstanding-certificaat behaald en is daarmee het eerste gebouw in Italië dat deze certificering heeft gekregen, ongeacht de gebruikscategorieDe helft van de gebouwen die VGP in de eerste helft van 2025 heeft opgeleve...
Last week’s EPRA conference provided cautious optimism on listed European real estate. The segment offers a mix of risks and opportunities, with discounted valuations presenting attractive entry points. We downgrade Care Property Invest (Underperform vs Neutral, TP €12 vs €13.5); we lower our TPs for British Land, Landsec, Shurgard, and Xior Student Housing; we raise our TPs for URW, Wereldhave and VGP. In conclusion we favour logistics, retail, Spain, and CEE for growth, and Switzerland remains...
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