March 28, 2017 / 5:11 AM / in 7 months

BRIEF-HAMBORNER REIT sees 2017 FFO up to EUR 43-44 mln

March 28 (Reuters) - HAMBORNER REIT AG:

* Is forecasting 2017 increase in FFO to between around 43 million and 44 million euros (up by 19 percent to 22 percent on previous year)

* Dividend proposal 0.43 euro (+2.4 percent)

* Net profit for year amounted to 17.4 million euros ($18.91 million), up significantly by 26.5 percent on previous year’s level (13.8 million euros)

* Income from rents and leases amounted to 61.8 million euros in 2016 and was therefore 9.4 million euros or 17.9 percent higher than figure for previous year

* Funds from operations (FFO), a key indicator of company’s operating performance, climbed to 36.1 million euros in 2016 (previous year: 29.2 million euros) Source text for Eikon: Further company coverage: ($1 = 0.9204 euros) (Gdynia Newsroom)

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