BRIEF-Gr Properties says loss attributable for FY expected to increase by approximately 100 pct

March 16 (Reuters) - Gr Properties Ltd

* Loss attributable to shareholders for year ended 31

december 2016 is expected to substantially increase by

approximately 100%

* Expected result due to exchange loss recognised during

year ended 31 december 2016 related to office building acquired

in london

* Expected result due to recognition of fair value loss of

investment property

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