Declaration of Voting Results & Voting Rights Announcements • Jul 6, 2020
Declaration of Voting Results & Voting Rights Announcements
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PRESS RELEASE Ternat, 6 July 2020
In accordance with the Belgian Transparency Law, Retail Estates NV declares having received on 6 July 2020 a transparency notice, revealing that the voting rights attached to the Retail Estates shares held by BlackRock Inc., with registered office at 55 East 52nd Street, New York, NY, 10055, U.S.A., have been modified as of 2 July 2020 without leading to a threshold overrun or underrun at the level of voting securities and financial instruments treated as voting securities as a whole, on account of a slight decrease of the voting securities on the one hand (0.01 percentage point) and a slight increase in the financial instruments treated as voting securities on the other hand (0.02 percentage point).
As there is no threshold overrun or underrun at the level of voting securities and financial instruments treated as voting securities as a whole, this publication is limited to the summary containing the most important information of the notice received.
The notification can be consulted on the website of Retail Estates NV.
This press release can be consulted on the website of Retail Estates NV.
The Belgian public real estate investment trust Retail Estates nv is a niche player specialised in making in out-of-town retail properties located on the periphery of residential areas or along main access roads to urban centres available to users. Real Estates NV acquires these real properties from third parties or builds and commercialises retail buildings for its own account. The buildings have useful areas ranging between 500m² and 3,000m². A typical retail building has an average area of 1,000 m².
As of 31 March 2020, Retail Estates nv has 969 premises in its portfolio with a total retail area of 1,136,492 m², spread over Belgium and the Netherlands. The occupancy rate of the portfolio was 97.92% on 31 March 2020, compared to 98.28% on 31 March 2019. The fair value of the consolidated real estate portfolio of Retail Estates NV as at 31 March 2020 is estimated at EUR 1,661.75 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.
This press release contains a number of forward-looking statements. Such statements are subject to risks and uncertainties which may lead to actual results being materially different from the results which might be assumed in this press release on the basis of such forward-looking statements. Major factors that may influence these results include changes in the economic situation, commercial, taxrelated and environmental factors.
Ternat, 6 July 2020
Jan De Nys, CEO of Retail Estates nv
Retail Estates nv, Jan De Nys – CEO, tel. +32 2/568 10 20 – +32 475/27 84 12 Retail Estates nv, Kara De Smet – CFO, tel. +32 2/568 10 20
RETAIL ESTATES NV Public BE-REIT under the laws of Belgium Industrielaan 6 B-1740 Ternat • RLE Brussel VAT BE 0434 797 847 • T: +32 2 568 10 20 [email protected] • www.retailestates.com
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