[ad_1]
– Due to the still difficult market conditions for office buildings in south-west Moscow combined with lower ruble rates, Storm Real Estate ASA estimates that a larger depreciation of Gasfield will be accounted for at 30.06.2018 in US dollars, writes the company. A recent stock market announcement
With high probability, the company will end up in breach of its loan terms at the end of the third quarter.
In addition, the company writes that there is currently a dialogue between the parties concerned with a goal of
The Moscow Airfield, which has a leasable area of about 11,500 meters square, is the only asset of the company after the sale of an office building in St. Petersburg in 2015.
Would be ironed [19659006] Storm Real Estate wanted earlier this year to move away from the main list on the Oslo Stock Exchange.
The reason was that the group is in a difficult financial situation and that it must reduce costs, as well as the very low turnover in the stock.
The proposal was rejected at the general meeting of the company.
Last year, the stock fell 86 percent Oslo Børs, while the year has so far reached less than 20%.
[ad_2]
Source link
