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Unibail-Rodamco keeps 2013 targets, H1 earnings rise
July 24, 2013 / 4:03 PM / 4 years ago

Unibail-Rodamco keeps 2013 targets, H1 earnings rise

PARIS, July 24 (Reuters) - Unibail-Rodamco, Europe’s biggest property group, said it was sticking to its full-year profit targets after reporting a 5.5 percent rise in recurring earnings per share for the first half of 2013.

Unibail’s portfolio of shopping centres is heavily exposed to the recession-plagued euro zone but has defied the slowdown by focusing on large malls in major cities with high-end tenants. (Reporting by Lionel Laurent; Editing by James Regan)

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