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- Nordics Property Breakfast
31 May 2012
Frankfurt am Main, Germany
Upcoming Events
- Property Debt Breakfast
20 June 2012
London
Norwegian Property swings to profit after hotel sale
After a year of restructuring which included selling its Norgani Hotels to focus on office assets, Oslo-listed Norwegian Property surged back into the black in 2010, posting net profit of NOK351m (E45m) after a loss of NOK243m in 2009, and has also established new credit lines of NOK10bn (E1.2bn), boosting its equity ratio above 30%.