Fitch assigns expected A- Rating; S&P removes negative CreditWatch

Amsterdam, July 1, 2026 - Vesteda has received an inaugural long-term Issuer Default Rating of 'A-' with a Stable Outlook from Fitch Ratings. Fitch has also assigned an expected rating of 'A' to Vesteda's senior unsecured debt. At the same time, S&P Global Ratings has removed its negative CreditWatch designation on Vesteda and affirmed its 'BBB' credit rating with a Stable Outlook. These rating actions recognize confidence in Vesteda's portfolio quality, financial resilience and liquidity profile.

The recently introduced annual liquidity mechanism provides a structured framework for managing investor redemptions on a best-efforts basis, enabling Vesteda to maintain a strong financial and liquidity profile.

The ratings are supported by Vesteda's high-quality Dutch residential portfolio, valued at approximately €10.5 billion at year-end 2025. Vesteda's portfolio benefits from stable rental income and embedded rental growth potential, supported by its strong operational execution.

This external recognition reflects the strength of Vesteda's solid fundamentals and supports its continued access to capital markets.

Frits Vervoort, CFO of Vesteda, commented:

"The combination of Fitch's A- rating and S&P's decision to remove the negative CreditWatch is a strong endorsement of Vesteda's portfolio quality, liquidity management and financial discipline. We believe the annual liquidity mechanism provides a sustainable framework that balances investor liquidity needs with the long-term stability of the fund. Together, these rating actions confirm the resilience of our platform and position Vesteda well for the future."

The full Fitch Ratings report and S&P Global Ratings report are available on the Credit Investors page of Vesteda's website: [https://www.vesteda.com/en/corporate/investment/debt].