Amsterdam,
29
December
2015
|
08:51
Europe/Amsterdam

Vesteda CFO leaving the company

In good mutual consultation CFO Hélène Pragt will step down as CFO of Vesteda. The reason for her leaving is a difference of opinion regarding the management of the company.

Vesteda is grateful to Hélène for the results achieved and her large contribution to Vesteda, including the improved financing structure, investor relations, organisational and IT development, and wishes her every success in the future.

About Vesteda

Vesteda is an investor with a clear focus on the Dutch residential real estate market. Vesteda invests funds for institutional investors, including pension funds and insurers. Vesteda has total capital of approx. €3.7 billion invested in real estate. The company’s rental portfolio stands at a total of around 23,000 units. Vesteda’s key investment regions are the Randstad urban conurbation and the Noord Brabant province. In 2014, Vesteda generated a net result of €136 million, with more than 200 employees.