FKP Property Group (ASX: FKP) was up 9.9%, closing at $1.505. Property trusts, or A-REITs as they are now known, may be experiencing a comeback, after a number went to the wall during the global financial crisis. Since 2009, many have restructured their businesses, sold off assets to pay down debts and simplified their businesses. FKP is still going through that process, with plans to float its retirement village assets and cut 10% in overhead costs, after reporting a $360 million loss in the 2012 financial year.
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