Oct 13, 2008
Story Timeline: 37 days
Increasing Value through Consolidation, Liquidity Protection and Professionalism Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. Newly appointed board spokesman Thomas Kleibl speaks about his goals and the company's position 'The challenging economic environment, which is causing global real estate enterprises and their shares to be caught up in the maelstrom of the financial crisis triggered by the American banking sector, requires a rapid and efficient response. After years of dynamic expansion, the group's focus will shift to consolidation and an adjustment of financing structures. Furthermore, we will focus on measures to safeguard liquidity by strongly reducing development projects and liquidating portions...
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