With its strategy Vastned aims to add value for its shareholders, tenants and staff, as well as to local communities and visitors of the European historical city centres.
The company’s strategy is aimed at generating stable and predictable long-term results, inter alia by improving the quality of the portfolio, also in terms of sustainability and energy performance.
Contributing to the liveability and preservation of the cultural heritage of historical city centres forms the core of Vastned’s sustainability policy.
Due to ongoing urbanisation, it is important for society that the supply of residential space in historical inner cities is expanded. During the last few years, Vastned created and renovated several apartments in the city centres of Amsterdam and Utrecht. Through converting the space above shops into residential, city centres are livelier after closing time, which enhances social control and a sense of safety.
Investing in historical inner cities also makes the retail environment more attractive to retailers and consumers. Consumers are increasingly demanding, and looking for experiences. This further raises the relevance of investing in attractive retail environments.
Vastned receives two EPRA Awards
Vastned's annual report was awarded the EPRA BPR Gold standard award again for the year 2019. For its sustainability reporting efforts, Vastned has won the EPRA sBPR Gold Award as well.