PropertyEU

Rabo Real Estate sees profit fall 27%

By A staff reporter 2009-08-28T00:00:00

Rabo Real Estate Group booked a net profit of EUR 68 mln in the first six months, a decline of 27% compared to the same period last year. FGH Bank saw the level of its lending portfolio virtually unchanged at EUR 17 bn at end-June. Despite the recession, margins on ...

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