PropertyEU

Commerz Real FY 2007 pre-tax profit EUR 140m, up 40%

By A staff reporter 2008-01-31T00:00:00

German property investor Commerz Real on Thursday reported pre-tax profit of EUR 140 mln for the full year 2007, a jump of more than 40% on comparable year-earlier figures. This figure includes a one-off gain of EUR 25.8 mln from the retransfer of valuation reserves.

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