Noratis has further expanded its existing housing portfolio in Lower Saxony with the purchase of 46 apartment buildings in Bückeburg.
In the first half of 2022, Noratis AG continued the good performance in terms of earnings and portfolio development.
Noratis is successfully expanding its existing portfolio in North Rhine-Westphalia by the acquisition of 48 units in Essen and Remscheid.
The annual general meeting of Noratis approved the distribution of a dividend of EUR 0.55 per share.
The Management Board and Supervisory Board of Noratis have decided to propose a dividend of EUR 0.55 per share.
In cooperation with cities and districts throughout Germany, Noratis is providing housing for refugees from Ukraine.
Noratis has acquired 203 units with total rental space of around 12,600 square metres in Lower Franconia, Bavaria.
The transaction in East Westphalia involves 147 residential units with a total rental area of almost 9,000 square metres in Bielefeld.
Noratis AG Net Asset Value has increased to around EUR 30.00 per share in 2021 based on preliminary figures
Noratis assumes that the NAV based on the market values of the real estate at the end of 2021 has risen to EUR 30.00 per share
Noratis has sold its real estate portfolio in Münster with 239 residential units and a total rental space of around 19,000 square meters.
As a result of the acquisitions made in 2021, the nationwide portfolio of existing assets has in-creased to 4,200 residential units.
Noratis has been able to successfully continue to expand its real estate portfolio in Hesse: in Niederrodenbach in the Rhine-Main region and in Bensheim at the southern Hessian Bergstrasse.
PUBLIC RELATIONS CONTACT
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