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Property Investor Europe News

2011 mark-to-market costs Italy's Beni Stabili ¤60m

15 February 2012, 09:59 PM

Mark to market of property and derivatives cut net group income at Italian REIT Beni Stabili by ¤60m to ¤18.8m last year. But the group, an affiliate of French REIT Fonciere des Regions, said the recurring cash result doubled to ¤87m.