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Story Box-ID: 121843

DEMIRE Deutsche Mittelstand Real Estate AG Lyoner Straße 32 60528 Frankfurt/Main, Germany http://www.demire.ag
Contact Ms Eva Ehmke +49 69 90550553
Company logo of DEMIRE Deutsche Mittelstand Real Estate AG
DEMIRE Deutsche Mittelstand Real Estate AG

MAGNAT Real Estate Opportunities profitable already in its first year of business

Consolidated Profit (IFRS) for financial year ended March 31, 2007 of EUR 0.34 million

(PresseBox) (Frankfurt am Main, )
.
- Value appreciation of portfolio investments not included in financial results 2006/07
- MAGNAT very well positioned for current financial year 2007/08

MAGNAT Real Estate Opportunities GmbH & Co. KGaA has achieved profitability already in its first year of business. The consolidated profit after taxes (IFRS based) for its first financial year, covering the period from April 6, 2006 (foundation of company) through March 31, 2007, is EUR 0.34 million.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.