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Norwegian Property ASA (NPRO.OL)

NPRO.OL on Oslo Stock Exchange

10.45NOK
11 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Norwegian Property Appoints New CFO
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - Norwegian Property Asa ::NPRO: HAAVARD RØNNING APPOINTED NEW CFO IN NORWEGIAN PROPERTY.‍RØNNING WILL JOIN COMPANY BY APPOINTMENT MARCH 1, 2018​.  Full Article

Norwegian Property Q3 net profit NOK 616.2 mln, above expectations
Friday, 20 Oct 2017 

Oct 20 (Reuters) - NORWEGIAN PROPERTY ASA ::Q3 NET PROFIT NOK 616.2 MILLION (REUTERS POLL NOK 61.8 MILLION).Q3 OPERATING PROFIT BEFORE FAIR VALUE ADJUSTMENTS NOK 154.7 MILLION (REUTERS POLL NOK 153 MILLION).RESOLVED TO PAY A DIVIDEND OF NOK 0.08 PER SHARE FOR THE THIRD QUARTER OF 2017..  Full Article

Norwegian Property appoints ‍Bent Oustad new CEO
Thursday, 19 Oct 2017 

Oct 19 (Reuters) - NORWEGIAN PROPERTY ASA :NPRO - NEW CEO IN NORWEGIAN PROPERTY ASA.‍BENT OUSTAD NEW CEO WITH START JAN.1 2018​.  Full Article

Norwegian property Q4 gross income down at NOK 204.3 million
Friday, 10 Feb 2017 

Norwegian Property ASA : Q4 gross income 204.3 million Norwegian crowns ($24.5 million) versus 217.9 million crowns year ago . Q4 operating profit before fair value adjustments 163.4 million crowns versus 140.6 million crowns year ago . Board has resolved pay dividend on 0.12 crown per share for the Q3 and Q4 combined .In long term, co's goal is to pay dividend corresponding to 30-50 percent of ongoing operational profit after tax payable.  Full Article

Norwegian Property: preliminary Q3 profit before tax up at NOK 260.7 mln
Thursday, 13 Oct 2016 

Norwegian Property ASA : Preliminary Q3 profit for period (after tax) was 195.7 million Norwegian crowns ($24.18 million) versus 71.2 million crowns year ago .Preliminary profit before tax was 260.7 million crowns in Q3 2016 (improvement from 76.5 million crowns in same quarter in 2015).  Full Article

Norwegian Property: the offer of the Norwegian Property shares not fair
Wednesday, 5 Oct 2016 

Norwegian Property ASA : Board of Norwegian Property does not recommend the shareholders of Norwegian Property to accept offer from Geveran Trading Co Ltd .Based on Swedbank's fairness opinion, it is the Board's overall assessment that the offer of the Norwegian Property shares is not fair.  Full Article

Norwegian Property: Geveran Trading launches mandatory offer
Thursday, 22 Sep 2016 

Norwegian Property ASA : Said on Wednesday, Geveran Trading Co Ltd (Geveran) has launched mandatory offer to acquire all issued and outstanding shares in Norwegian Property at 10.80 Norwegian crowns ($1.3) per share .Offer period in mandatory offer runs from and including Sept. 22, 2016 to and including Oct. 20, 2016 at 16:30 hours (CET) (subject to extension).  Full Article

DNB sells 5.25 pct stake in Norwegian Property
Tuesday, 6 Sep 2016 

Norwegian Property ASA : Said on Monday DNB Bank ASA, DNB Markets sold on Sept. 5 total of 28.8 million shares in Norwegian Property, corresponding to 5.25 pct of company's share capital and votes .Following transaction, DNB-group's holding in Norwegian Property is 0.01 pct.  Full Article

Norwegian Property buys sections in Fondbygget
Monday, 5 Sep 2016 

Norwegian Property ASA : Says has entered into agreement to buy sections in Fondbygget from Watrium AS . Agreed purchase price is 204 million Norwegian crowns ($24.64 million) net of compensation for tax position . Expected annual gross rental income in 2017 is close to 9 million Norwegian crowns . Closing of transaction will take place in September .Says sections of Fondbygget have central location on Aker Brygge.  Full Article

Norwegian Property Q2 gross income NOK 236.4 mln, in line with expectations
Tuesday, 12 Jul 2016 

Norwegian Property ASA : Board has resolved that a dividend of 0.05 Norwegian crown per share will be paid for Q2 . Q2 operating profit before fair value adjustments 194.7 million Norwegian crowns ($23.00 million) (Reuters poll 191 million crowns) .Q2 gross income 236.4 million crowns (Reuters poll 236 million crowns).  Full Article

BRIEF-Norwegian Property Appoints New CFO

* NPRO: HAAVARD RØNNING APPOINTED NEW CFO IN NORWEGIAN PROPERTY