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BRIEF-LEG Immobilien raises profit guidance for 2017, 2018
August 10, 2017 / 5:19 AM / 2 months ago

BRIEF-LEG Immobilien raises profit guidance for 2017, 2018

Aug 10 (Reuters) - LEG Immobilien AG

* Says FFO I in H1 2017 rose by 8.1% to eur 148.8 million

* Says FFO I expected to reach a range of eur 290 million to eur 295 million in 2017

* Says FFO I to be in range of eur 315 million to eur 323 million in 2018, not including effects of further acquisitions

* Says acquisition of around 2,100 residential units in high-growth markets supports further earnings growth; additional portfolios are currently in consideration

* Says if additional acquisitions are successfully concluded, a further increase in FFO I targets can be expected Source text: bit.ly/2wvN8at Further company coverage:

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