German commercial property lender Aareal said net income for the second quarter of 2009 - when Aareal received financial support from the German bank stabilisation fund Soffin - was down 30% to EUR 35 mln from EUR 50 mln last year.
German commercial property lender Aareal said net income for the second quarter of 2009 - when Aareal received financial support from the German bank stabilisation fund Soffin - was down 30% to EUR 35 mln from EUR 50 mln last year.
Swiss real estate group Investis has boosted its real estate holdings with the CHF 139 mln (€149 mln) purchase of prime residential properties in Vaud canton.