Troubled German property financier Hypo Real Estate (HRE) has announced a net loss of EUR 750 mln in the second quarter of 2009 compared to a profit of EUR 12 mln in the same period last year. Overall, the bank recorded a net loss of EUR 1.1 bn for the first half of 2009.
Westland Shopping Centre in the Brussels neighbourhood of Anderlecht may be up for sale, according to Belgian media reports.
