Brief: Vastned Retail To Announce 2020 Dividend Proposal In February 2021
27/10/2020 17:38
Oct 27 (Reuters) - VASTNED RETAIL NV VASN.AS :
* TRADING UPDATE 9M 2020
* FOR OUR 2020, WE ARE ASSUMING THERE WILL NOT BE ANY MORE
NATIONWIDE LOCKDOWNS IN Q4, AND WE WILL CONTINUE TO FOCUS ON
MAINTAINING THE HIGH OCCUPANCY RATE AND ALSO ON FURTHER COST
CONTROL
* CONFIRMS ITS FORECAST FOR THE DIRECT RESULT OF € 1.70 - €
1.85
PER SHARE FOR 2020
* OCCUPANCY RATE OF PORTFOLIO STABLE AT 97.5% AS AT 30
SEPTEMBER
2020
* IN VIEW OF THE ONGOING UNCERTAINTY VASTNED WILL NOT YET
ANNOUNCE
A DIVIDEND PROPOSAL FOR 2020, BUT WILL PUBLISH THIS ALONG WITH
THE ANNUAL RESULTS FOR 2020 IN FEBRUARY 2021
* ON 1 DECEMBER 2020, TACO DE GROOT WILL STEP DOWN AS CEO
* CFO REINIER WALTA, WILL TAKE OVER AS INTERIM CEO UNTIL A
SUCCESSOR IS APPOINTED
* SOLID OPERATING RESULTS IN 9M 2020 DUE TO HIGH STABLE
OCCUPANCY
RATE
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