PropertyEU

Citycon swings to EUR 18m loss in Q1

By A staff reporter 2009-04-23T00:00:00

Finnish property investment firm Citycon swung to a loss of EUR 18.1 mln in the first quarter of 2009 from a profit of EUR 11.3 mln a year earlier due to a EUR -31.6 mln devaluation of its investment properties. Turnover grew by 3.6% year on year to EUR 45.9 ...

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