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BRIEF-Orava updates objectives for portfolio management
December 21, 2016 / 10:14 AM / a year ago

BRIEF-Orava updates objectives for portfolio management

Dec 21 (Reuters) - Orava Asuntorahasto Oyj :

* Says weighting of properties completed in 1990s and afterwards shall be 53 pct

* Weighting of properties completed before 1990 shall be 47 pct plus minus about 10 percentage points calculated from market value of investment portfolio.

* Key financial objectives remained unchanged

* Main strategic objective is raising equity capital to 110 million euros -120 million million euros ($114.5 million-$125 million) in 2017 and maintain ca. 20 pct p.a. growth over medium term Source text for Eikon:

Further company coverage: ($1 = 0.9619 euros) (Gdynia Newsroom)

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