Brief: Cibus Nordic Real Estate Updates Its Growth Targets In Short To Medium Term

Cibus Nordic Real Estate AB (publ)

01/12/2021 07:06

Dec 1 (Reuters) - Cibus Nordic Real Estate AB (publ)
 CIBUS.ST :
    * CIBUS NORDIC REAL ESTATE AB (PUBL) ANNOUNCES STRONG
TRANSACTION
FLOW FOR POTENTIAL ACQUISITIONS AND THEREFORE UPDATES ITS GROWTH
TARGETS IN THE SHORT TO MEDIUM TERM.
    * BY END OF 2023, CIBUS ESTIMATES THAT PORTFOLIO SHOULD HAVE
DOUBLED IN SIZE FROM CURRENT LEVEL
    * ESTIMATE THAT COMPANY WILL BE ABLE TO DOUBLE PROPERTY
VALUE OF
ITS PORTFOLIO TO EUR 2.5-3.0 BILLION
    * POLICY OF RAISING DIVIDENDS 5% ANNUALLY REMAINS.

Source text for Eikon:  ID:nBQN7Ct2zf 
Further company coverage:  CIBUS.ST 

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