Munich - Hypo Real Estate, the German finance company which nearly collapsed in September, reported a third quarter pre-tax loss of 3.1 billion euros (3.8 billion dollars) on Wednesday.
The deficit, which was greater than analysts expected, was due mainly to 2.5 billion euros in writedowns for its Dublin-based subsidiary Depfa, the company said in a statement.
The loss came after a profit of 237 million euros for the same period of 2007.