PIE Events
- German Property Breakfast
14 February 2012
Stockholm
- Distressed Property Breakfast
22 February 2012
London
- Central and Eastern Europe Real Estate Conference
03-04 May 2012
Vienna, Austria
Germany's Eurohypo sees first quarter fall sharply to e80m pre-tax
Germany's largest commercial property financier Eurohypo, part of the Commerzbank group, posted pre-tax profit of e80m in the first quarter, sharply down from e206m in 1Q07. Valuation adjustments to the US investment portfolio totalling e84m and effects of derivatives were the main reasons for the profit slide.