TMM Real Estate property sales rise 86% y-o-y in 3Q10
14 October 2010
Ukrainian real estate developer-construction company TMM (FSE: TR61 GR) reported a 35% y-o-y sales increase in January-September 2010 to UAH 212.8 mln, according to a press release issued yesterday. According to the company, sales hit the highest point in the third quarter 2010, with an impressive 86% y-o-y increase. Pre-sales of projects under construction accounted for 43% of total sales vs. 20% last year. TMM also said it was considering a secondary placement in 2010.
