28 October 2016

Firm establishment in the premium city high street shops segment remains the objective.

As at 30 September 2016, 59% of the real estate portfolio consisted of premium city high street shops, 16% of high street shops and 25% of non-high street shops (retail parks and retail warehouse).

Occupancy rate as at 30 September 2016: 98% (98% as at 31 December 2015).

Increase in the fair value of the existing real estate portfolio by € 2 million in the first nine months of 2016.

The divestment in 2015 of 14 non-strategic retail properties results only in a slight decrease of the operating distributable result in the first nine months of 2016 to € 1,85 per share (€ 1,86 for the first nine months of 2015).

Limited debt ratio of 29% as at 30 September 2016.

Expected gross dividend for 2016 between € 2,44 and € 2,49 per share.

Registered office and operational activities are relocating to Generaal Lemanstraat 74, Antwerp.

Full press release

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Vastned Retail Belgium NV published this content on 28 October 2016 and is solely responsible for the information contained herein.
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