Vastned Retail Belgium

Interim statement by the Board of Directors as at 30 September 2016 for the third quarter of financial year 2016

Firm establishment in the premium city high street shops segment remains the objective.

As at 30 September 2016, 59% of the real estate portfolio consisted of premium city high street shops, 16% of high street shops and 25% of non-high street shops (retail parks and retail warehouse).

Occupancy rate as at 30 September 2016: 98% (98% as at 31 December 2015).

Increase in the fair value of the existing real estate portfolio by € 2 million in the first nine months of 2016.

The divestment in 2015 of 14 non-strategic retail properties results only in a slight decrease of the operating distributable result in the first nine months of 2016 to € 1,85 per share (€ 1,86 for the first nine months of 2015).

Limited debt ratio of 29% as at 30 September 2016.

Expected gross dividend for 2016 between € 2,44 and € 2,49 per share.

Registered office and operational activities are relocating to Generaal Lemanstraat 74, Antwerp.

PB VRB-2016-Q3-EN

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Source: Vastned Retail Belgium via Globenewswire