WestImmo's pre-tax earnings up 15.5% in 2008

German lender WestImmo saw its pre-tax earnings increase by 15.5% year-on-year to EUR 121.2 mln in 2008. The bank, which specialises in commercial real estate financing in Europe, US and the Asia-Pacific region, said on Wednesday that net profit rose by 5% to a record EUR 97 mln in 2008.

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