Vastned on track after the first quarter of 2025

Core Insights - The fair value of the real estate portfolio has increased by € 15.4 million, representing a 1.2% increase compared to December 31, 2024 [1] - Vastned's debt ratio (EPRA LTV) is currently at 41.97%, down from 43.04% as of December 31, 2024, with a target of achieving 40% by the end of this year [2] - The company has received a binding offer to refinance a € 50.0 million credit facility maturing in September 2025 [2] - Forward starting Interest Rate Swaps for a notional amount of € 95.0 million have been concluded, which will lower the expected average interest rate for 2026 to 3.8% from the previously communicated 3.9% [3] - Vastned is on track to meet its objectives, with expected EPRA earnings per share between € 1.95 and € 2.05 [4] - The company reported EPRA earnings of € 0.48 per share for the first quarter of 2025, with an occupancy rate of 98.5% [5]