February 3, 2017 / 3:07 PM / 8 months ago

BRIEF-Orava Residential REIT specifies Q4 financial result estimate

Feb 3 (Reuters) - Orava Asuntorahasto Oy :

* Orava Residential REIT specifies its financial result estimate

* Specified estimate of result for Q4 is about -0.4 million euros (-$430,760) and for FY about +1.6 million euros

* Result is explained mainly by negative change in fair value of investment properties in Q4 and by increase in maintenance and repair costs primarily due to seasonal variation

Source text for Eikon:

Further company coverage: ($1 = 0.9286 euros) (Gdynia Newsroom)

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