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CORESTATE Capital AG Baarerstrasse 135 6300 Zug, Switzerland http://www.corestate-capital.ch
Contact Mr Mirko Koch +49 611 20585540
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CORESTATE Capital AG

CORESTATE announces forecast for 2016 financial year and proclaims dividend of 70% of annual profit

(PresseBox) (Zug, )
CORESTATE Capital Holding S.A. ("CORESTATE"), a fully integrated real estate investment manager based in Luxembourg, announces its forecast for the 2016 financial year. Based on the business development over the past months, the Management Board anticipates consolidated revenue of at least EUR 53.5 million for the year as a whole and net income for the year of at least EUR 17.7 million, significantly exceeding the previous year’s result. The Management Board intends to propose to the Supervisory Board and the Shareholders' Meeting that a dividend amounting to around 70% of the annual profit will be paid.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.