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13 February 2012

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Deutsche Wohnen housing firm almost turns round net loss

Berlin-based listed housing firm Deutsche Wohnen sharply cut group net loss for 2009 to E13m from a loss of E256m in 2008, and its CEO said the company has been turned round, following the crisis, with operating results moving higher. "Deutsche Wohnen now represents a competitive, scalable platform for sustainable growth," said CEO Michael Zahn. (See upcoming PIE Editions for full story)

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