Developer Salutes Pounds 600k of Nw Deals

Daily PostJuly 08, 2009

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Summary


DEVELOPER St Modwen said yesterday its North West office had completed deals worth more than pounds 600,000 in the last month.

Earlier this week, the firm reported a half-year pre-tax loss of pounds 98.3m after a reevaluation of its portfolio. Revenues fell from pounds 70.8m to pounds 43.2m.

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Extract


Developer Salutes Pounds 600k of Nw Deals

But the regional office is holding up, despite the downturn, with recent deals comprising a m...

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