PropertyEU

Wind-up costs and disposals dent PEPR earnings

By A staff reporter 2012-08-03T00:00:00

ProLogis European Properties (PEPR) recorded an IFRS loss of EUR 6.4 mln for Q2 2012 due to higher valuation declines, lower rental income and a EUR 1.3 mln provision for costs associated with the wind-up of the company. As a result, the Amsterdam-listed company booked a first-half IFRS loss of ...

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