PropertyEU

Hypo Real Estate posts EUR 382m net loss in Q1 2009

By A staff reporter 2009-05-05T00:00:00

Hypo Real Estate has reported a net loss after tax of EUR 382 mln for the first quarter of 2009. The struggling German property financier attributed the swing to a pre-tax loss of EUR 406 from a pre-tax profit of EUR 190 mln in the year-earlier period to the crisis ...

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