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Net income of S Immo for the year increased by 165% to €204.3m

S Immo AG ended the financial year 2016 with a net income of €204.3m (2015: €77.2m). Ernst Vejdovszky, CEO of S Immo AG, commented: „An important element of our business strategy entails taking advantage of property cycles. In the past financial year, we generated substantial profits, primarily through the sale…

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