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FRANKFURT-Travco's investment in the German Steigenberger hotel chain is an uncommon purchase for a foreign company.
MUNICH-The commercial property company posted a first half net loss of €54.5 million, from 10% depreciation on the portfolio.
PARIS-The Franco-Dutch REIT boosted recurring earnings by 7.8% in the first half of '09.
MUNICH-Indirect real estate turnaround is seen as denominator effect reverses, according to a study by Cushman & Wakefield.
PARIS-As investors run through London, soon all eyes will turn to Paris and, eventually Germany, says Giles Wilcox of Savils.