Brief: Studentbostäder Aims At NAV/Shr Growth Of At Least 20% Per Year

Studentbostader I Norden AB (publ)

09/12/2020 06:14

Dec 9 (Reuters) - Prime Living AB (publ)  PRIME.ST :
    * PRESENTS NEW FINANCIAL AND OPERATIONA TARGETS AND NEW
DIVIDEND
POLICY
    * TARGET: GENERATE GROWTH IN PROFIT FROM PROPERTY MANAGEMENT
PER
SHARE WHICH OVER 5-YEAR PERIOD IN AVERAGE AMOUNTS TO AT LEAST
20% PER YEAR
    * GENERATE GROWTH IN NAV PER PER SHARE THAT OVER FIVE YEAR
PERIOD
IS OF AT LEAST 20% PER YEAR
    * TARGET: GENERATE GROWTH IN NAV PER PER SHARE THAT OVER
FIVE YEAR
PERIOD IS OF AT LEAST 20% PER YEAR
    * TARGET: DIVIDEND IN LONG-TERM TO AMOUNT TO 50% OF PROFIT
PROM
PROPERTY MANAGEMENT
    * AIMS FOR PRODUCTION START ON 700-1000 STUDENT APARTMENTS
PER
YEAR IN AVERAGE OVER A 5 YEAR PERIOD
    * AIMS TO OWN 10,000 STUDENT APARTMENTS BY THE END OF 2025

Source text for Eikon:  ID:nNDL4XlRvQ 
Further company coverage:  PRIME.ST 

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