29% of Vastned shareholders opts for stock dividend
29% of the outstanding share capital of Vastned, the European retail property fund focusing on venues for premium shopping, has opted to receive the 2011 final dividend in shares. This will raise the company’s shareholders’ equity by € 13.5 million.
About Vastned Vastned is a European retail property fund focusing on venues for premium shopping. It invests in selected geographical markets in Europe and Turkey, whereby Vastned concentrates on the best retail property in the most popular shopping streets in the bigger cities (high streets). Vastned also owns attractive shopping centres and retail warehouses. Its tenants are strong and leading international and national retail brands. The property portfolio has a size of approximately € 2,1 billion.