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Q3 2011 Revenues and business performance : 9 months revenues up +27.5%

Retail property
  • Rental income stable at €121.1m
  • Slight increase in tenant revenues (+1%)
  • Strategic position taken in e-commerce through the acquisition of a block
    representing 28.64% of RueduCommerce share capital and the launch of a takeover bid for the remaining RueduCommerce shares

Residential property
  • Strong growth in percentage-of-completion revenues (up +40%)
  • Reservations stable (up +3%)
  • High financial visibility with a backlog of €1.6 billion excluding VAT or 26 months’ revenue

Office property
  • Revenues up +44% to €78m

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Altarea Cogedim