1、Annual report#21/22IN RETAIL WE TRUST|1|14REMARKABLE REAL ESTATE FACTS221/22 IN BRIEF134REAL ESTATE REPORT170FINANCIAL REPORT276MISCELLANEOUS240RISK FACTORS254PERMANENTDOCUMENT14MANAGEMENT REPORT124RETAIL ESTATES ON THE STOCK EXCHANGE10LETTER TO THE SHAREHOLDERSIn retail we trustThe Belgian public r
2、eal estate investment trust Retail Estates nv is a niche player specialised in making in out-of-town retail properties located on the periphery of residential areas or along main access roads to urban centres available to users.Retail Estates nv acquires these real properties from third parties or b
3、uilds and commercialises retail buildings for its own account.The buildings have useful areas ranging between 500m and 3,000m.A typical retail building has an average area of 1,000 m.The most important long-term goal for Retail Estates nv is to assemble,manage and expand a portfolio of out-of-town r
4、etail real estate which ensures steady,long-term growth due to its location and the quality and diversification of its tenants.The projected growth results both from the value of the assets and the income generated from leasing.CONTENTSCONTENTS|321/22 In briefGeographical distributionType of buildin
5、gCommercial activities of tenants742Retail propertiesin Belgium245Retail properties inThe NetherlandsThe real estate portfolio ofRetail Estates nv consistsof retail properties locatedoutside the largest cities ofBelgium andthe NetherlandsGrowth portfolio Retail Estates nv between 1998 and 2022 98 99
6、 00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 221524“We strive to create the right work-life balance for our compact and dynamic team with attention to everyones personal needs.”“The most important long-term objective for Retail Estates nv is to compose,manage and expand a portf