Retail Estates N.V. (EBR: RET)
Belgium flag Belgium · Delayed Price · Currency is EUR
58.30
+0.70 (1.22%)
Dec 20, 2024, 5:35 PM CET

Retail Estates Company Description

The Belgian public real estate investment trust Retail Estates nv is a niche player specialised in making out-of town retail properties located on the periphery of residential areas or along main access roads to urban centres available to users.

Retail Estates NV acquires these real estate properties from third parties or builds and commercialises retail buildings for its own account.

The buildings have useful areas ranging between 500 m² and 3,000 m². A typical retail building has an average area of 1,000 m² in Belgium and 1,500 m² in the Netherlands.

As of 31 December 2023, Retail Estates nv has 1,025 rental units in its portfolio with a total retail area of 1,234,904 m², spread over Belgium and the Netherlands.

The occupancy rate of the entire portfolio was 97.92% on 31 December 2023. The fair value of the consolidated real estate portfolio of Retail Estates NV as at 31 December 2023 is estimated at € 2,010.63 million by independent real estate experts.

Retail Estates NV is listed on Euronext Brussels and Euronext Amsterdam and is registered as a public regulated real estate company.

Retail Estates N.V.
Retail Estates logo
Country Belgium
Founded 1988
Industry REIT - Retail
Sector Real Estate
Employees 42
CEO Jan De Nys

Contact Details

Address:
Industrielaan 6
Brussels, 1000
Belgium
Phone 32 2 568 10 20
Website retailestates.com

Stock Details

Ticker Symbol RET
Exchange Euronext Brussels
Fiscal Year April - March
Reporting Currency EUR
ISIN Number BE0003720340
SIC Code 6798

Key Executives

Name Position
Jan De Nys MD, Chief Executive Officer and Director
Paul Borghgraef Chairman and Compliance Officer
Kara De Smet Chief Financial Officer and Executive Director
Koenraad Van Nieuwenburg Chief Investment Officer
Thomas Ooms Construction and Technical Manager
Runa Vander Eeckt Chief Legal Officer
Koen Nevens Chief Business Development Officer
Wilfried Van Laethem Financial Controller
Johan Janssens Senior Property Manager
Katja Appelmans Incasso Manager