Raven Russia : RUS – final results

Raven Russia’s net asset value rose by 1 cent over 2013 to 126 cents. It raised its dividend by a third though. Bank debt at the year end of $815m is offset by cash of $229m. They reckon they can add 50,000 to 100,000 sqm per annum to their existing portfolio of 1.4m sqm of logistics space. Occupancy is 97%.

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