Vastned Belgium Expands Portfolio with Gevaert Acquisition

Vastned Belgium SA (DE:IJX) has released an update.

Vastned Belgium has acquired Gevaert NV, enhancing its real estate portfolio with new properties in Leuven and Namur. This strategic move aims to bolster its presence in key Belgian shopping cities and explore redevelopment opportunities. The acquisition was financed through existing credit lines at favorable interest rates.

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