PropertyEU

Invista reports loss of £3.7m in 2008

By A staff reporter 2009-02-26T00:00:00

Invista Real Estate reported a pre-tax loss of £3.7 mln (EUR 4.2 mln) for full-year 2008, compared to a pre-tax profit of just under £50 mln in 2007. The largest UK listed property fund manager blamed the loss on the 'unprecedented falls' in UK commercial real estate.

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