PropertyEU

IVG says storage facilities will triple profits in 5 years

By A staff reporter 2007-06-28T00:00:00

German property firm IVG said its underground oil and gas storage facilities unit will triple its share of the company's net profit to roughly a third of group profit within the next five years. Speaking at the Reuters Real Estate summit, ceo Wolfhard Leichnitz said the unit currently accounts for ...

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