Brief: Polski Holding Nieruchomosci announces 2017-2023 strategy

Polski Holding Nieruchomosci SA

03/04/2017 16:32

April 3 (Reuters) - Polski Holding Nieruchomosci SA  PHN.WA : 
    * The company announces 2017-2023 strategy 
    * Plans to increase net asset value by 50 percent of which up to about 40 percent to be paid 
as dividend 
    * Intends to increase until 2023 value of the property portfolio by 140 percent to 6.0 
billion zlotys  ($1.51 billion)  
    * Plans to allocate 0.7 billion zlotys for purchase of commercial spaces 
 
Source text for Eikon:  ID:nEM0393801  
Further company coverage:  PHN.WA  
 
($1 = 3.9858 zlotys) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))