VastNed Retail invests in high street shops, shopping centres and retail warehouses in good and top locations in its core countries: the Netherlands, Spain, France and Belgium. Invested capital amounted to €1,571 million as per September 30, 2006. The investment result amounted to 120.6 million (€102.1 million). This increase could be attributed to both the direct and the indirect investment result.
The direct investment result rose by 4.7% to 46.9 million ( 44.8 million). The indirect investment result in the first nine months increased by 28.7% to 73.7 million positive ( 57.3 million positive).
Highlights: (in brackets first nine months 2005)
- Direct investment result: 46.9 million ( 44.8 million);
- Indirect investment result: 73.7 million ( 57.3 million);
- Total investment result: 120.6 million ( 102.1 million);
- Direct investment result per share: 2.78 ( 2.66);
- Indirect investment result per share: 4.36 ( 3.40);
- investment result per share: 7.14 ( 6.06);
- Equity per share op September 30, 2006: 54.69 (September 30, 2005: 47.76);
- Expected direct investment result 2006 per share: 3.70 (2005: 3.54).
Source: VastNed
