First 9 months 2012: Steady strategy rollout
Vastned, the listed European retail property investment fund focusing on high street shops, has made major steps forward in the area of previously announced disposals and the portfolio profile. Again, the high street shops demonstrated sufficient resistance against the present economic climate. Today, Vastned announces its nine months results for 2012.
Vastned is a European listed (NYSE Euronext Amsterdam) retail property fund focusing on venues for premium shopping. It invests in selected geographical markets in Europe and Turkey, concentrating 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 € 2.0 billion.