Amsterdam,
19
October
2018

Vastned Retail N.V., the listed European retail property company focusing on ‘venues for premium shopping’, today announces that it starts to repurchase ordinary shares for a total amount of up to € 40 million.

The share buyback programme will be effected in the period from 19 October 2018 up to and including 31 March 2019, or as soon as € 40 million of our own shares have been repurchased. The share buyback programme will be effected under the authorisation granted by Vastned's general meeting of shareholders on 19 April 2018.

The objective of the share buyback programme is to generate return for the shareholders. Currently, investment opportunities for core city assets that Vastned can add value to are limited, and the yields on this kind of property are at a historic low level. The Executive Board of Vastned feels that at this...

Vastned - Press Releases

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06
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