Ciref Is Out Shopping for Investment Opportunities ; Commercial Property

Birmingham Post › November 22, 2007

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Summary

Ciref yesterday reported a higher full-year pre-tax profit, reflecting a strong performance across the business.

But the firm, which owns a stake in the Orchards Shopping Centre in Coventry, said the short-term outlook for the UK property sector was "mixed", with credit crunch concerns affecting trading conditions.

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Extract

Ciref Is Out Shopping for Investment Opportunities ; Commercial Property

The property investment and development company posted a pre-tax profit of pounds 5.59 million for the year to September 30, against pounds 4.48 million last ...

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