AIM-listed Ablon Group said the estimated value of its property assets had risen 46% to EUR 617.4mln as of 31 December 2007 compared to the year earlier and pointed to a significant development land bank to support future growth. The company said it had 139,700 m[sup]2[/sup] of existing and income generating office and retail assets in Budapest and Prague, with a further 1,046,600 m[sup]2[/sup] development land bank for the next five years at 23 locations in Budapest, Prague, Bucharest, Warsaw and Gdansk.
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