Colliers International, the largest real estate advisor in Romania, posted a 62.3% drop in 2008 after-tax profit, to 2,755 million euros, according to a statement posted by the real-estate company on the website of the Ministry of Finance.
In 2007, the company reported a net profit of 7.325 million euros and 21.234 million euros turnover. In 2008, the profit dropped to 2.755 million euros, while turnover stood 16, 6% below year-ago levels.
“The global financial crisis has severely impacted the sales segment – residential, land and investments – which recorded severe drops, while the lease segment, where companies adopt a long-term and strategic approach had an upward trend”, Bogdan Georgescu (photo), managing partner at Colliers International told Wall-Street.
At the beginning of the year, Colliers said it shut down its residential department and that it reorganized the retail and office divisions.
Article comments "Colliers International’s 2008 profit sinks 62.3 percent"
Opinia cititorilor nostri este importanta pentru noi, Wall-Street incurajand publicarea comentariilor voastre. Pe site urmeaza sa isi gaseasca locul numai comentariile pertinente, on-topic, prezentate intr-un limbaj civilizat, fara atacuri la persoane / institutii. Ne rezervam dreptul de a elimina orice comentariu care nu corespunde acestor principii, precum si de a restrictiona accesul la comentarii utilizatorilor care comit abuzuri grave sau repetate.
Wall-Street pe Facebook
Wall-Street pe Twitter
Wall-Street prin RSS