Property fund VastNed cuts forecast

Monday 10 November 2008

Property fund VastNed Retail said on Monday its return on direct investments had fallen 3% in the first nine months of this year, and adjusted its full year forecast down slightly to a maximum of €3.85 a share.

Including property value fluctuations, the fund booked an indirect investment loss of almost €29m, compared with profit of almost €95m in the first nine months of last year.

For the full VastNed statement, click here

© DutchNews.nl

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