Notice to the reader of the DIM Vastgoed website
Due to the recent changes in circumstances, the information on this website may be superseded. The information on this website is largely based on the 2009 annual report of DIM Vastgoed and based on the situation existing during the financial year 2009. In April 2010, majority shareholder Equity One, Inc., has accepted the shares tendered under their public offer on the shares in DIM Vastgoed, as a result of which the share of Equity One in DIM Vastgoed ended up at 95.5%.
As of 2 August 2010, the delisting of the shares in DIM Vastgoed has taken effect. Previously, these shares were listed on the NYSE Euronext Amsterdam stock exchange. Equity One has initiated legal proceedings to acquire the remaining outstanding shares. DIM Vastgoed, no longer being a listed Company, will only update the information on this website insofar this is a requirement for a licensed investment institution, governed by the Wft and supervised by AFM
DIM Vastgoed
Buying DIM Vastgoed shares means investing in neighborhood shopping centers and ‘power centers’ in the southeastern states of the US.
Property
DIM Vastgoed aims at neighborhood shopping centers and power centers with a high occupancy rate, large part of the area being leased to financially solid, national and regional tenants.
Neighborhood shopping centers are characterized by a product range aimed at life’s prime necessities, such as food and medicine. Due to this product range, this type of property is relatively insensitive to cyclical developments. The power centers accommodate a number of leading national chain stores, including discount stores, offering a competitively priced product range. For both types of property, the favorable combination of tenant type and product range ensures a stable flow of rental income.
Location
The economic regions in the Southeastern US in which DIM Vastgoed invests are currently the states of Florida, Georgia, North Carolina, Alabama, Tennessee and Maryland. The favorable climate in this regions not only promotes extensive tourist industry, but also ensures extremely pleasant conditions for permanent residence. Furthermore, this area is easily accessible and centrally situated in relation to Central and South America, adding to a positive business climate and enticing increasing numbers of companies to settle here.