Conwert shows satisfactory operating development in the first quarter of 2010

Markets ♦ Published: May 26, 2010; 00:00 ♦ (Vindobona)

Conwert Immobilien Invest SE recorded a satisfactory operating development with stable rental income and service revenues in the first quarter of 2010.

Conwert shows satisfactory operating development in the first quarter of 2010 / Picture: © Vindobona.org

Conwert Immobilien Invest SE (Vienna Stock Exchange: CWI, Reuters: CONW.VI, Bloomberg: CWI AV) recorded a satisfactory operating development with stable rental income and service revenues in the first quarter of 2010. Attractive prices and high margins were realised again on the sale of properties. However, a lack of package transactions caused the proceeds on the sale…

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