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31 May 2012
Frankfurt am Main, Germany
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20 June 2012
London
Norwegian Property back in profit, aims at 12% ROE
Oslo-based listed group Norwegian Property returned to profit in 2010, reporting NOK351m (E45.2m) after a loss of NOK243m (E31.3m) in 2009. CEO Olav Line said that after the year of change, notably selling Norgani Hotels, NPRO now aims to become the most customer-oriented office firm in Norway and to deliver a return on equity of at least 12%.