Pursuits
Fonciere Des Regions Reports Profit as Values Gain
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Fonciere des Regions SA, the French office landlord with stakes in five other real estate investment trusts, reported a first-half profit after the value of its properties gained.
Net income totaled 100.7 million euros ($131 million), compared with a loss of 325.6 million euros a year earlier, the Metz-based company today said in a statement.