LONDON (Thomson Financial) - Hansteen Holdings Plc. reported a full-year
pretax profit of about 20.4 million pounds, and said that it sees "significant"
opportunities in the UK in the secondary industrial sector in the foreseeable
future.
For the 14 months to Dec. 31, 2006, the real estate investor posted a pretax
profit of about 22.12 million pounds.
Hansteen declared a dividend of 3.2 pence per share, up 7 percent from the 3
pence declared for the previous 14-month period.
The company said its property assets at the end of the year to Dec. 31,
2007, rose to 411.9 million pounds from 145.6 million pounds at the end of 2006.
Hansteen said it has started 2008 with a "widely spread, high yielding
portfolio and low gearing levels", and that, during the year, it expects to see
"more interesting and attractively priced" buying opportunities.
TFN.newsdesk@thomson.com
kal/nes
COPYRIGHT
Copyright Thomson Financial News Limited 2008. All rights reserved.
The copying, republication or redistribution of Thomson Financial News Content,
including by framing or similar means, is expressly prohibited without the prior
written consent of Thomson Financial News.
|