The investment result for the first nine months of 2005 amounted to €102.1 mln (€33.6 mln*). This tripling of the investment result is due to high positive value movements in the portfolio in the first nine months of 2005.
VastNed Retail invests in well-let high street shops, shopping centres and retail warehouses located in good and top locations in its core countries: the Netherlands, Spain, Belgium and France. Invested capital amounted to €1,413 mln as per September 30, 2005.
Results first nine months 2005
�� Investment result: €102.1 mln (€33.6 mln*);
�� Direct investment result: €44.8 mln (€47.1 mln*);
�� Indirect investment result: €57.3 million (€13.4 million
negative*);
�� Investment result per share: €6.06 (€2.03*);
�� Direct investment result per share: €2.66 (€2.85);
�� Shareholders' equity per share as at September 30, 2005: €47.76 (September 30, 2004: €44.31*).
(in brackets: first nine months 2004; * adjusted for purposes of comparability)
Source: VastNed
