Vastned Retail NV (STU:VB2)
€ 21.05 0 (0%) Market Cap: 370.48 Mil Enterprise Value: 871.92 Mil PE Ratio: 0 PB Ratio: 0.59 GF Score: 71/100

Half Year 2021 Vastned Retail NV Earnings Call Transcript

Jul 29, 2021 / 09:00AM GMT
Release Date Price: €25.25 (+1.41%)
Operator

Hello, and welcome to the Vastned Half Year Results 2021. (Operator Instructions) Today, I'm pleased to present Reinier Walta, CEO; and Simon Theeuwes, Manager, Investor Relations. Please go ahead with your meeting.

Simon Theeuwes

Welcome to everyone participating in this Vastned H1 2021 Results Analyst Presentation. I now hand over to Reinier Walta, the CEO of Vastned.

Reinier Walta
Vastned Retail N.V. - CEO, MD & Member of Executive Board

First of all, kind welcome from me to all of you joining us this morning.

In the first half of 2021, Vastned has delivered a relatively good performance in challenging circumstances. Our operational performance confirms this with an occupancy rate of 96.2% and a collection rate of 90%. Our direct result increased from EUR 0.85 to EUR 0.88. The limited decrease of our portfolio value of 1.9% proves the underlying quality and resilience. This also allows for an interim dividend of EUR 0.53.

At the same time, we have made progress on executing a new strategy and by

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot