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To attract customers and publicity, Foxtons sold properties for its first three months without charging commission.
So far Andermatt has sold properties totaling more than $500 million, Mr. Young said.
Scandinavia's biggest bank, Nordea, said second-quarter profit almost quadrupled as it reduced loan losses and sold properties.
Her rivals have contested as wildly exaggerated one published figure that suggested she sold properties worth $748 million in 2006.
I have read about other people across the country who have sold properties by raffling them off.
He said he had also sold properties to foreigners: Britons, Germans, Dutch and Italians, and all of whom paid cash.
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"Neither of us had ever bought or sold property".
Other European telecommunications companies have already sold property.
None of the sold property had been improved, he added.
Some took out loans or sold property before coming to Sweden, Mr. Rahman said.
The survivors have closed plants, sold property and, after protracted deliberation, barely tiptoed into developing markets.
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