Real estate investment fund VHS increases its result

Real estate investment fund VHS og Maatschappij realized an increase of 48% of its result to EUR 10.2 mln during the first six months of this year. Over the same period last year result amounted to EUR 6.8 mln.

The increase is mainly due to an expanding portfolio, an increase in rental income and cost decreases. Balance sheet total amounts to EUR 471.1 mln. VHS is optimistic for the remainder of 2002 and expects a profit increase of over 20% compared to 2001.

(source: VHS)

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