Conwert Announces Q1-Q3 2010 Results

Professional ServicesReal Estate ♦ Published: November 24, 2010; 12:48 ♦ (Vindobona)

The Vienna-based real estate company records a good business development and a significant increase in earnings.

Conwert Announces Q1-Q3 2010 Results / Picture: © Conwert

conwert Immobilien Invest SE, which is listed on the Vienna Stock Exchange, concluded the first three quarters of 2010 with very positive interim results. The good development of operating business led to an increase in rental income and high profit margins on sales. The initial consolidation of ECO had a positive net effect on earnings of 36.2m.

Earnings before interest and…