Colonia RE unveils vast cost-cutting programme

By A staff reporter 2008-10-20T00:00:00

German property company Colonia Real Estate (CRE) has announced the launch of a 'comprehensive' programme to reduce costs and enhance efficiency. In a statement on Monday, the company said it aims to cut its general administrative costs by at least 50% by consolidating and restructuring its subsidiaries, reducing general administrative ...

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