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28 May 2012

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Deutsche EuroShop ups forecast after higher 9mths

With EBIT of E91.5m and consolidated profit of E38.3m, Hamburg listed shopping centre investor Deutsche EuroShop in the first nine months almost reached its target for the whole year and has raised its 2010 forecast. "Revenue, net operating income and EBIT all improved by around 13%," said CEO Claus-Matthias Böge.

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