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Belgium's Atenor says 2008 profits to grow

Wed Nov 19, 2008 11:45am EST

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BRUSSELS, Nov 19 (Reuters) - Belgian real estate group Atenor (ATEO.BR) said on Wednesday it expects full-year profits in 2008 to be "widely higher" than last year.

The La Hulpe-based group, which operates mainly in Belgium and Luxembourg, is on track or ahead of schedule with various office complex projects, mixed urban projects and residential units, it said in a trading update after the market close.

The group added it would launch demolition work for a project in Bucharest in December 2009.

The group gave no specific results for this year so far. Atenor reports annual results on March 6, 2009.

For more information or to read the full report, go to www.atenor.be. (Reporting by Anne Jolis, editing by Dale Hudson)



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