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release

H&M, Veldstraat 23-27, Ghent

VASTNED INVESTS € 30 MILLION IN PREMIUM CITY HIGH STREET SHOPS IN GHENT AND LYONS Rotterdam, 1 August 2014 - Vastned, the listed European retail property company focusing on venues for pre ium shopping, expands its presenc in Ghent (Belgium) and Lyons (France), which is fully in line with Vastned's strategy focussing on growth in premium cities.

Growth in Ghent

Vastned acquired the high street shops at Veldstraat 23-27 in the city centre of Ghent for € 27.7 million. The shop is located at the best part of the Veldstraat on the corner of the Bennestraat. The Veldstraat façade is 25 meters wide and the Bennestraat façade 28 meters. The shop is let to

lea
ing inter
ational fashion retailer H&M and has a shopping surface of
1,025 sqm on the ground floor and 850 sqm on the first floor. Additionally there is some storage and staff space on the first and second floor. In total the property has a gross lettable area (GLA) of 2,590 sqm. Cushman &
Wakefield was the advising party in the acquisition. Vastned already had a
presence in premium city Ghent with high street sh Zonnestraat and Volderstraat let to e.g. G-Star RA SportsDirect.com. Vastned's portfolio in Ghent has
€ 44 million.
ps in Veldstraat,
, Ulla Popken, and rown to approximately

Expansion in Lyons

In Lyons Vastned has acquired a high
street shop i
city's luxury street Rue
Édouard-Herriot at nu
ber 70 for € 2.6
million. The acquisition in Lyons concerns
a prominent corner sh
p with a GLA of
about 165 sqm, let to the French luxury
fas
ion retailer Sandro. Lyons is one of
the premium cities where Vastned intends to increase its presence; this acquisition
is the second in the historical centre of
Lyons.

Sandro, Rue Édouard-Herriot 7 0, Lyons

Taco de Groot, CEO Vastned: 'I am delighted with the acquisition of these

two high street properties as they are fully in line with our strategy focussing on growth in premium cities. We would like to expand further in premium

citi

s like Lyons. Ghent is in the top 3 retail cities of Belgium and Lyons is

one of the bi

gest city of France, after Paris. Both have a beautiful historical

city centre that attracts many tourists throughout the year.'

About Vastned

Vastned is a listed European retail property company focusing on venues for premium shopping. Vastned invests in selected cities in Europe and Istanbul,
with a clear focus on the best retail property in the most pop
lar shopping
streets in the bigger cities (high streets). Vastned's tenants are strong and leading international and national retail brands. The property portfolio has a size of approximately € 1.5 billion.
Further information:

Anneke Hoijtink, Investor Relations Manager


Tel: +31 (0)
31637374

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