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 Eurosic net loss widens on write-downs
French REIT/SIIC Eurosic, controlled by the BPCE banking group, reported a 14% rise in 2009 cash-flow but expects this to contract in 2010 before growing from 2011. Group net loss increased to E118m from E104m due to portfolio writedowns. BPCE said recently Eurosic and some other real estate units no longer form part of its core business. (See upcoming PIE Editions for full story)