VastNed Retail & Offices/Industrial discontinue investigation of merger

Since the press release dated 23 September 2002, the Management of both VastNed funds have elaborated on the investigation of a possible merger of VastNed Retail and VastNed Offices/Industrial. In this respect the major shareholders of both funds have been consulted. From these discussions it was found that most shareholders prefer two separate focussed sector funds over a combination of both.

In line with the earlier communicated approach, the Management of both VastNed funds respects the preferences of their shareholders and has consequently decided to discontinue further investigation of the merger.

(source: VastNed)

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