REINIER WALTA
BECOMES CFO VASTNED
Rotterdam, 6 August 2014 - Vastned, the listed European retail property company focusing on venues for premium shopping,
an ounces the nomination of Mr Reinier Walta for appointment as
Statutory Director and Chief Financial Officer (CFO) as of 1
November 2014. Mr Walta currently works for the Abu Dhabi
Investment Authority (ADIA) as Senior Transaction Manager Europe.
The supervisory board nominates Mr Reinier Walta MSRE for the position of
CF of Vastned Retail N.V. for a period of four years. He will succeed
Mr Tom de Witte, who will leave Vastned after more than eleven years, as announced on 20 March 2014.
Reinier Walta (1974) has worked in the
international pro
erty market for over fifteen years.
After graduating in tax law from Erasmus University
Rotterdam, he started his
areer as a property tax
lawyer with PwC. Next, he was Senior Tax Manager
for ING Real Estate, where he gaine
a great
eal
of experience of acquiring and sellin
property,
structuring international property funds and project
development. He moved o
to become Director
Investor Relations at ING
eal Estat
Investment
Management from 2008 to 2011, with joint responsibility for international product development of property investments with the focus areas legal, tax, compliance and finance. In this position, he
was also responsible for relation ma clients and investors.
agement with
Over the past three years, as Senior Transaction Manager Reinier Walta was responsible from Abu Dhabi for the execution, structuring and financing of all major property transactions in Europe for the Abu Dhabi Investment
Authority (ADIA).
In ddition to his education mentioned above, Mr Walta holds a Master of
Studies degree in Real Estate (MRSE) fro
Estate.
the Amsterdam School of Real
Wouter Kolff, chairman of the supervisory board of Vastned: 'Reinier's extensive knowledge and experience in the international property sector in conjunction with his tax expertise make him an excellent candidate as CFO. His extensive experience of capital market transactions and investor relations is also highly valuable to us. The supervisory board is convinced that his professional and personal qualities will be a great benefit to Vastned.'
Taco de Groot, Vastned CEO: 'Reinier has a reputation as a hard worker and a committed, sincere team player. Those are qualities that Vastned values highly, so we are delighted that Reinier will join our company as CFO.'
The nomination will be put to an Extraordinary General Meeting of
Shareholders on Monday 24 November 2014 for approval.
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 popular 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:
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.
VASTNED RETAIL N.V. 
