PropertyEU

IVG sees 'normalised' year in 2011

By A staff reporter 2010-11-12T00:00:00

IVG Immobilien, Germany's largest listed commercial real estate company, reported a consolidated net profit of EUR 18.3 mln in the third quarter compared to a loss of EUR 2.2 mln in the year-earlier period. Revenue was down, however, at EUR 136 mln from EUR 144.7 mln a year ago.

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