March 15, 2019 / 5:35 AM / 6 days ago

BRIEF-Fundamenta Real Estate FY Net Income Up At CHF 22.98 Mln

March 15 (Reuters) - FUNDAMENTA REAL ESTATE AG:

* FY NET INCOME INCREASES BY 79.6% TO CHF 22.98 MILLION (RETURN ON EQUITY OF 8.4%)

* PROPOSES SIGNIFICANT INCREASE IN DIVIDEND BY 25.0% TO CHF 0.50 PER SHARE

* FY REAL ESTATE INCOME INCREASES BY 15.9% TO CHF 25.80 MILLION WITH A HOUSING RATE OF 91.8%

* IS CONFIDENT THAT IT WILL ACHIEVE ITS TARGETS AGAIN IN 2019 FINANCIAL YEAR Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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