Vastned Retail NV (XAMS:VASTN)
€ 21.5 0 (0%) Market Cap: 368.77 Mil Enterprise Value: 949.20 Mil PE Ratio: 0 PB Ratio: 0.59 GF Score: 63/100

Full Year 2021 Vastned Retail NV Earnings Call Transcript

Feb 10, 2022 / 01:00PM GMT
Release Date Price: €27.5 (+6.38%)
Operator

Hello, and welcome to Vastned 2021 Results. My name is Suzanne, and I will be your coordinator for today's event. Please note, this call is being recorded. (Operator Instructions)

I will now hand over to your host, Reinier Walta, CEO, to begin today's conference. Thank you.

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

Thank you. Good afternoon. I'm here today with Simon Theeuwes, our IR representative. First, I would like to thank everyone for taking the time to join our earnings call. In 2021, Vastned has delivered positive results in a year in which tenants were confronted with temporary lockdowns and closures of their stores. This clearly demonstrates the resilience of our portfolio. We had a robust operational performance with a high occupancy rate of 97.9% back to pre-COVID levels and a collection rate of 96%.

Our direct result increased from EUR 1.85 to EUR 1.93 per share. The limited decrease of our portfolio value of 1.6% and an increase of 0.2% in the second half of the year shows the underlying

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