The Property Division was established in the 1990s. The holding company is Vastint Holding BV based in the Netherlands.
The goal of the Property Division is to create long term value through property investments. The cornerstones of the operations are management of portfolio properties and development of commercial real estate, including residential development and sales. The Property Division is working long-term to achieve critical mass and concentration within defined markets. The Property Division is however not linked to the IKEA Concept or the IKEA retail operations.
The Property Division has its main activities in eight European countries; the Netherlands, Poland, Belgium, Lithuania, Latvia, Romania, Spain and the UK. In addition, the organisations Inter Hospitality and LandProp have European wide operations.
|Property Division - Leasable Square Meters|| Leasable Square Meters
- Assets under management, EUR 0.9 billion
- Number of rentable buildings, 41
- Rentable area, 428,000 m²
Co-workers, 93 (FTE)
- Head of Division is Steen Sodemann