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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.

CORESTATE is observing growing
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