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28 May 2012

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BNPP RE earnings rebound on market share gains

BNP Paribas Real Estate saw pretax profit bounce back to E139m in 2010 from E77m the year before, with revenues recovering 17% to E618m aided by strong market share gains in commercial property transactions and a marked improvement in residential. Chairman Philippe Zivkovic said 2011 revenues should at least match 2010.

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