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VENUES FOR PREMIUM SHOPPING
FOCUS ON QUALITATIVE RETAIL PROPERTY WITH STABLE RETURN
Vastned Retail Belgium invests in prime retail property in Belgium. We currently own 143 shops spread over 61 locations.
58% of our property portfolio are premium city high street shops, 17% are high street shops and 25% are non-high street shops (retail parks).
It is our objective to raise the rate of premium city high street shops to 75% of our total portfolio.
Premium cities are attractive shopping cities with positive demographic growth, strong purchasing power, a historic city centre, tourist appeal and the presence of national and international institutions and universities. Top-level retail locations are more crucial than ever for retailers. Their presence in these cities boosts their brand awareness and image, which contributes to optimal turnover figures and sustainable profit margins.
Our focus lies on Antwerp, Brussels, Ghent and Bruges.
FOCUS ON LONG TERM RELATIONSHIPS
“Our experienced team has a profound knowledge of retail property. Direct communication with our tenants is important. It allows fast-decision-making and hands-on support,” explains Chief Executive Officer Rudi Taelemans.