Retail will have to boost Amstelland's profit growth

Real estate developer Amstelland will increase its efforts in the retail market. By 2003 it wants about half of its turnover from this sector. Until recently this was only 15%, according to Klaas de Ruiter, CEO of Amstelland MDC during the opening of Almada Forum, a new shopping center in Lissabon, Portugal.

Today Amstelland MDC will present its company objectives in terms of turnover, profit and acquisitions. Profit per share is expected to increase by 17%.

(source: Financiele Telegraaf)

Related News