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
French Kaufman & Broad cuts jobs, 2008 margin forecast by 20%
Listed French residential property developer Kaufman & Broad is to cut 166 jobs and has reduced its forecast for turnover this year by 10% below last year, from a prior 5% expectation. Due to the increased e30.9m cost of financial debt, net profit for the first nine months came in at e8.6m.