Raven Russia has held its own in turbulent times, and has gone one better than this. Net operating income (‘NOI’) showed only a small decline versus H2 2015, and the balance sheet has been enormously strengthened by the issue of convertible preference shares in July. This is clearly a statement of intent that the company is here to stay and will remain a major force in the future of the Russian property market.
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Cash is King
- Published:
30 Aug 2016 -
Author:
Conor Fahy -
Pages:
9
Raven Russia has held its own in turbulent times, and has gone one better than this. Net operating income (‘NOI’) showed only a small decline versus H2 2015, and the balance sheet has been enormously strengthened by the issue of convertible preference shares in July. This is clearly a statement of intent that the company is here to stay and will remain a major force in the future of the Russian property market.