Identification
Instrument name
RETAIL ESTATES
Symbol
RET
ISIN code
BE0003720340
Exchange / Market
Euronext
Trading location
Amsterdam
Products family
Stocks
Capitalization compartment
Compartment B
ICB
Retail REITs
Operation
IPO date
Issue type
Dual listing
Catégorie
IPO

Company profile

Retail Estates specializes in owning, acquiring and managing business real estate properties (primarily suburban shops, malls, private buildings, and commercial buildings) located in Belgium and Luxembourg. At the end of March 2019, the real estate portfolio, of a total surface of 1,049,101 m2, amounted, in market value, to EUR 1.6 billion.

Source: Cofisem - Last Update: 22 Nov 2019
Key Executives
Chief Executive Officer Jan de Nys
Chief Financial Officer Kara De Smet
Source: Cofisem - Last Update: 19 Nov 2019
Key figures
Millenium 2018 2017 2016 2015 2014
Gross rental income 95,411 78,046 66,024 62,074 53,191
Income from ordinary activities 95,411 78,046 66,024 62,074 53,191
Charges directly allocated to real estate, contracts 3,966 559 394 856
Result from divestment of real estate 654 92 279 341 479
Operating income 87,764 64,927 71,473 64,598 52,694
Cost (net) of financial indebtedness -18,479 -17,379 -18,213 -16,708 -17,088
Equity-accounted companies' contribution to results
Net profit from discontinued activities
Net income 54,479 46,695 52,136 42,035 35,238
Net income (Group share) 54,479 46,695 52,136 42,035 35,238
Fiscal year end 3.19 3.18 3.17 3.16 3.15
Length of fiscal year (month) 12 12 12 12 12
Currency & Unit EUR - thousands EUR - thousands EUR - thousands EUR - thousands EUR - thousands
Account Standards
Source: Cofisem - Last Update: 22 Nov 2019
Shareholder information
Free float 71.97 %
Groep Stichting Administratie Het Torentje 7.80 %
FPIM sa (Belfius Insurance) 6.46 %
Fédérale Assurance 4.96 %
BlackRock, Inc. 3.10 %
KBC Groupe sa 3.00 %
Axa SA 2.70 %
Source: Cofisem - Last Update: 19 Nov 2019