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    R8P   NO0010859689

R8 PROPERTY ASA

(R8P)
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R8 Property ASA Enters into Firm Lease Agreements with Asplan Viak, Evolve and Choice Hotels

06/18/2021 | 02:14am EDT

R8 Property ASA entered into firm lease agreements with Asplan Viak, Evolve and Choice Hotels. This is not correct, the company has previously entered into a letter of intent with Asplan Viak, which was terminated in first quarter, and has LOIs with Evolve and Choice Hotel. The Skien Brygge development project, of which R8 Property ASA owns 25%, is valued at cost of mNOK 3 in the company’s balance sheet as of first quarter of 2021. Further, the company’s lease agreement with HELFO in Kjelleveien 21 in Tønsberg will expire, according to the lease agreement, July 31, 2022. This is reflected in presented rent-roll in the documents.


ę S&P Capital IQ 2021
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Financials
Sales 2019 113 M 13,2 M 13,2 M
Net income 2019 48,8 M 5,68 M 5,68 M
Net Debt 2019 1 530 M 178 M 178 M
P/E ratio 2019 -
Yield 2019 -
Capitalization 662 M 76,8 M 77,1 M
EV / Sales 2018 -
EV / Sales 2019 -
Nbr of Employees 27
Free-Float -
Chart R8 PROPERTY ASA
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R8 Property ASA Technical Analysis Chart | R8P | NO0010859689 | MarketScreener
Income Statement Evolution
Managers and Directors
Marianne Lie Independent Director