April 29, 2024 09:11 GMT
Vesteda VESTNL (A-): New Issue Background
REAL ESTATE
• https://nltimes.nl/2024/02/23/law-high-rents-limit...:~:text=The%20Affordable%20Rent%20Act%20is,1%2C123%20euros%20(186%20points).
• NL Times is reporting that the Affordable Rent Act in the Netherlands has been watered down a lot to appease large landlords. Vesteda had reported in their latest annual report that this may be a risk factor.
• Bear in mind that this can be a risk in many jurisdictions as populist politicians seek to win approval with rent controls. Scotland is a case in point.
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