Rotterdam-based VastNed Retail is to buy back up to 500,000 of its shares from 17 August to 10 October in a programme managed by merchant bank Kempen & Co. 'The current share price, in conjunction with the ongoing high prices for retail property, makes a share buyback an attractive proposition; it allows us to invest at attractive conditions in a property portfolio that we know well,' said ceo Reinier van Gerrevink.
Rotterdam-based VastNed Retail is to buy back up to 500,000 of its shares from 17 August to 10 October in a programme managed by merchant bank Kempen & Co. 'The current share price, in conjunction with the ongoing high prices for retail property, makes a share buyback an attractive proposition; it allows us to invest at attractive conditions in a property portfolio that we know well,' said ceo Reinier van Gerrevink.
