Break Even for German Real Estate Finance in 2008

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by Troy | July 5, 2006 at 10:32 am
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Real Estate News

The German real estate financing operations will break even in 2008 after an 85 million euro loss in 2005. This was according to the Unicredito Italiano SpA. When Unicredito took over HVB Group AG last year, analysts were concerned by HVB's large real estate exposure, though this concern has faded somewhat

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