PropertyEU

GSW raises full-year earnings forecast

By A staff reporter 2012-08-20T00:00:00

German residential company GSW Immobilien reported net rental income rose by around 13.3% in the first six months of 2012 to EUR 78.9 mln from EUR 69.6 mln in the year-earlier period. However, earnings before interest and tax (EBIT) were down 3% year-on-year at EUR 66.3 mln.

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