Belgium
About Retail Estates NV
Retail Estates NV is a Belgian public real estate investment trust specializing in out-of-town retail properties. These properties are strategically located on the periphery of residential areas or along main access roads to urban centers.
Portfolio and Operations
The company acquires retail real estate from third parties or develops and commercializes properties for its own portfolio. Key highlights include:
- Average Property Size: 1,000 m² in Belgium and 1,500 m² in the Netherlands.
- Portfolio Size: 1,022 rental units with a total retail area of 1,225,740 m² (as of 31 December 2024).
- Occupancy Rate: 98.01% (as of 31 December 2024).
- Fair Value: €2,056.15 million (independently appraised).
Market Presence
Retail Estates NV operates in both Belgium and the Netherlands, focusing on high-traffic retail locations.
Investor Information
The company is listed on Euronext Brussels (RET) and Euronext Amsterdam and is registered as a public regulated real estate company.
