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Eurobank Properties report lower 2010 results

31 January 11 - RE+D Magazine
Eurobank Properties report lower 2010 results

COMPANIES

Zeus

Fund - GREECE

NAI Hellas

Consultant - GREECE

PEOPLE

Eurobank Properties reported an 80-pct decline in 2010 profits to €8.0 million , down from €39.6 million  in 2009, reflecting a fall in the estimated value of its real estate portfolio by €27.3 million, after an increase of €4.5 million in 2009. The negative results were attributed to adverse conditions prevailing in SE European markets.

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