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A&J Mucklow posts £41.2m fall in value of commercial property portfolio

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  • A&J Mucklow posts £41.2m fall in value of commercial property portfolio

    As a result of the writedown of its property portfolio by £41.2m, A&J Mucklow Group has recorded a pre-tax loss for the year to the end of June 2008 of £26.7m. This compares with a profit of £33.4m in the previous year and several years of steady capital growth.A&J Mucklow Group is a long-established property [...]

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