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13 February 2012

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Austria's Warimpex 9mth earnings up, valuations down 12%

Austria's Warimpex, which saw revenues and EBIT rise strongly in the first nine months, plans to focus on completing 13 projects under development, thereby strengthening market positioning. The company gave no concrete figures in a 9mth note to investors, but said estimated property values at nine months were down 12% compared to end-2007.

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