Brief: Kojamo Sees 2024 Revenue To Increase By 4-8% Yoy

Lumo Kodit Oyj

15/02/2024 06:17

Feb 15 (Reuters) - Kojamo Oyj  KOJAMO.HE :
    * FAIR VALUE OF INVESTMENT PROPERTIES WAS EUR 8.0 (8.2)
BILLION AT
END-YEAR
    * FINANCIAL OCCUPANCY RATE STOOD AT 93.0 (92.0) PER CENT
DURING
FINANCIAL YEAR
    * DIVIDEND PROPOSAL IS THAT NO DIVIDEND BE PAID FOR 2023
    * 2024 OUTLOOK: ESTIMATES TOTAL REVENUE WILL INCREASE BY
4-8% YOY
    * ESTIMATES FFO FOR 2024 WILL AMOUNT TO BETWEEN EUR 154-166
MILLION, EXCLUDING NON-RECURRING ITEMS
    * FAIR VALUE OF OUR INVESTMENT PROPERTIES DECREASED BY 1.9
PER
CENT IN YEAR-END VALUATION
    * ALTHOUGH THERE WAS STILL A LOT OF SUPPLY IN RENTAL MARKET,
WE
MANAGED TO IMPROVE OUR OCCUPANCY RATE FROM PREVIOUS YEAR

Source text for Eikon:  ID:nWkr90KYYp 
Further company coverage:  KOJAMO.HE 

 (Gdansk Newsroom)
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