Vastned Belgium: Interim statement from the Board of Directors for the first quarter of 2022
• Vastned Belgium realises a positive net result of € 4.1 million.
• Existing real estate portfolio stable in value compared to the previous financial year.
• High occupancy rate of 98.9% underlines the quality of the existing real estate portfolio.
• High stable collection rate (99.2%) of rental income during the first quarter of 2022.
• € 45.8 million of unused credit facilities available.
• A further decrease in the debt ratio (-1.0%) compared to 31 December 2021, bringing the debt ratio currently to 25.5%.
• Sven Bosman appointed as Operational Managing Director ad interim.
Full press release:
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