PIE Events
- Nordics Property Breakfast
31 May 2012
Frankfurt am Main, Germany
Upcoming Events
- Property Debt Breakfast
20 June 2012
London
Fortress' Gagfah has higher first quarter FFO, but pre-tax falls
Gagfah, the Frankfurt Stock Exchange-listed residential property unit of US alternative asset manager Fortress Investment, announced a mixed bag of results for first quarter 2008. Funds from operations rose 16 % to e48.8m or e 0.22 per share from first quarter 2007, but pre-tax earnings slid to e27.5m from e46.6m.