Image Audit of Olav Thon Real

Image Audit of Olav Thon Real Estates THE pictorial matter AUDIT Corporate twaddle 1998-99 ? Describe your organization and do a mini-SWOT analysis of it. Olav Thon Eiendomsselskap ASA was founded and addicted up its present building in 1982. The telephoner is a check of the Olav Thon Group. It was introduced on the capital of Norway Stock Exchange in 1983, and the beau monde has grown substantially since then. The Group is brinyly involved in real estate and trading operations in the hotel and restaurant trade. The companys chief(prenominal) strategy is to invest in business properties which is centrally located, in particular in the capital of Norway area. In the long term, the company aims to progress to the highest possible added value. This may be achieved through service and effective operation of the properties. As of 01.01.98 the companys property portfolio consists of or so 350 000 sqm of letting space, and the amass (theoretical) rental value of this portfolio is approximately NOK 408 mill. As of 31.12.97, the company had 1, 743 shareholders. Mr. Olav Thon holds about 62,3% of the shares. The semi-annual narrative as at 30 June 1998, shows that the Groups rental and early(a) opertaing income for the rootage sextette months of 1998 was NOK 211,1 compared with NOK 178 million in the first one- one-half(a) of 1997. The percentage of shares held by Mr. Olav Thon, did non change.

The profit for the second half of 1998 was anticipated to be in line with the results of the first half-year. ? MINI-SWOT understanding psychology ? STRENGHTS: ? easily attention and standard of the real estates ? unspoiled tenancy conditions solid and steady-going real-estate management ? Flexibility regarding the size and note of the premises ? wholesome established service apparatus, and good in-person service ? photogenic premises ? Long implement ? fast(a) customers ? niches: offices / general business premises, obtain centers and hotels ? situation of premises ? well... If you need to get a sufficient essay, order it on our website: Orderessay

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