PropertyEU

Hypo posts net loss of EUR 750m in Q2

By A staff reporter 2009-08-07T00:00:00

Troubled German property financier Hypo Real Estate (HRE) has announced a net loss of EUR 750 mln in the second quarter of 2009 compared to a profit of EUR 12 mln in the same period last year. Overall, the bank recorded a net loss of EUR 1.1 bn for the ...

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