Amsterdam, 27 October 2021 - Vastned, the listed European retail property company, announces an improved operational performance for the first nine months of 2021, with a higher occupancy rate at 97.6% and further improvement of the collection rate at 94%. In the first nine months, a total of 70 new leases was signed, representing a total annual rental income of € 8.6 million or 12% of total theoretical rent. The average decrease in rent for the new leases was limited (3.1% over the first 9 months). Vastned is now forecasting a 2021 direct result between € 1.85 and € 1.90 per share.
VastNed Retail NV published this content on 27 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 October 2021 05:37:02 UTC.