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.
Home Page: www.retailestates.com
Industrielaan 6
Brussels,
1000
Belgium
Phone:
32 2 568 10 20
Officers
| Name | Title |
|---|---|
| Mr. Paul Borghgraef | Chairman & Compliance Officer |
| Mr. Jan De Nys | MD, CEO & Director |
| Ms. Kara De Smet | CFO & Executive Director |
| Mr. Koenraad Van Nieuwenburg | Chief Investment Officer |
| Mr. Thomas Ooms | Construction & Technical Manager |
| Ms. Runa Vander Eeckt | Chief Legal Officer |
| Mr. Koen Nevens | Chief Business Development Officer |
| Mr. Wilfried Van Laethem | Financial Controller |
| Mr. Johan Janssens | Senior Property Manager |
| Ms. Katja Appelmans | Incasso Manager |
Exchange: F
Country: DE : Germany
Currency: Euro (€)
| GIC Sector: | Real Estate |
|---|---|
| GIC Group: | Equity Real Estate Investment Trusts (REITs) |
| GIC Industry: | Retail REITs |
| GIC Sub-Industry: | Retail REITs |
| Forward PE: | 9.4787 |
|---|---|
| Trailing PE: | 10.8922 |
| Price-to-Book MRQ: | 0.7453 |
| Price-to-Sales TTM: | 6.2996 |
| IPO Date: | |
| Fiscal Year End: | March |
| Full Time Employees: | 42 |