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Vastned Retail ex-Intervest Retail / IJX – (Belgium Retail VASTB)
Tuesday, 12 July 2011 07:43

Intervest Retail (established 1987), invests in prime inner-city shops (about 50%), and retail warehouses & shopping centres, with a portfolio comprising about 270 units in 95 properties worth about €340m (2011). It has grown mostly via acquisitions: the merger by absorption of Marie België, Mari België Turnhout, and Kipinvest (1997); merger by absorption of Immodef, Pontinvest, Immobilière des Phalènes, Golden Bell, Albert Hall and Mari België Inno (1998); merger by absorption of GL Trust, All Round Company, Immo Tielt-Winge, GL Retail, TW-Invest, Immobiliën Maatschappij Gebroeders Vits, Topleder, Immo Meldert, G.L. Trust International, G.L. Finance & Development, Cocoon Shopping Center, Aalst Invest, the bvba Interimmo en de bv onder vorm van een nv Patri-Od (1999); merger by absorption of Immorent, News of the World, Nieuwe Antwerpse Luxebuildings and Zeven Zeven (2000); merger by absorption of Immobilière de l’Observatoire (2001); merger by absorption of the limited liability companies GL Properties, Retail Development, Winvest, Immo 2000 M, Avamij, Goorinvest, Tafar, Lemi, Framonia, Micol, Immo Shopping Tienen, Immo GL (2002); merger by absorption of Pegasus Vastgoedmaatschappij (2008). In April 2013 it changed its name from Intervest Retail to Vastned Retail Belgium to reflect the identity of its long-term major shareholder.

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Last Updated on Tuesday, 30 July 2013 03:45