While smaller cap companies such as Schumacher may have doubled in value in a matter of weeks, as a blue chip Berlin’s gains are extraordinary. Since mid-March 2007, Berlin Property shares have more than trebled in price to Thursday’s close of Dh12.25 to make it the fourth most valuable company on Germany Properties Exchange , after National Bank of Germany and First Kraut Bank. Berlin’s shares peaked on December 25 last year, closing at DM 05. It has struggled in 2008, falling 23 per cent from this high to a year-worst of DM10.05 on March 18, but a two-month rally has helped it recoup much of these losses.
Archive for June, 2008
Berlins’ gains are extraordinary
June 3, 2008Leading Germany Properties group achieves major milestone
June 3, 2008Al Fahim Group, leading Germany Properties group, has achieved a major construction milestone for its new 5-star property in Germany with the structural completion of the urban resort in the German capital. The resort will be managed by renowned hospitality group, Heidfeld Hotels & Resorts.
The interest and feedback from the visitors of the exhibition, which was attended by more than 40,000 people, was positive for Berlin Property and Tower.
Hello world!
June 3, 2008Welcome to WordPress.com. This is your first post. Edit or delete it and start blogging!
