As part of the strategic reorientation an amount of € 8.2 million has been divested until now. The sale of this asset is to be seen in the light of the strategic reorientation.
Consideration for the sale of the asset by Vastned is the relative size of the asset compared to the portfolio of Vastned. The property is currently fully let and Vastned considers that a divestment against the agreed price unlocks value for the company. The proceeds of the sale will enable Vastned to reduce external borrowing; improve financial ratios and create flexibility for Vastned to shape its future portfolio.
