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28 May 2012

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Swiss Mobimo increases profit to CHF66m

Lucerne-based listed property company Mobimo boosted 2010 net profit by 5% to CHF66m, its portfolio by 7% to CHF2bn, while vacancies fell to 5.1% from 6.7%. It said it has a CHF1bn project pipeline up to 2015 in the robust Swiss property market, which shows a strong demand for accessible office and commercial property.

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