Vastned improves high street profile in France by divestments and new Bordeaux high street lease
Vastned, the listed European retail property fund focusing on venues for premium shopping, has sold € 12 million non-core assets in Augny, Frouard and Nice. In addition, Vastned has added Italian cosmetics chain KIKO as a tenant in Bordeaux.
Vastned is a listed European retail property fund focusing on venues for premium shopping. Vastned invests in selected geographical markets in Europe and Turkey, with a clear focus 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 € 1.5 billion.