Vastned sharpens high street profile through French divestments
Vastned, the listed European retail property fund focusing on venues for premium shopping, has increased the share of high street shops in France to 90% by selling two non-strategic assets. The divestments include Val Thoiry in Thoiry and Centre Marine in Dunkirk.
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.