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Noratis is a specialised asset developer, acquiring residential rental income-producing assets with optimisation potential in non-core German cities. Investing in the asset base and improving the tenant mix creates value, which Noratis exploits during well-structured individual or block asset sales. In this interview, CFO André Speth discusses the company’s model, sitting between portfolio holder and property developer, and its strong record of value creation and prospects following its recent transformative expansion. He also explains Noratis’s position as an attractive dividend stock despite long lead times for value enhancement.
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