Hamburg-based Alstria office REIT has reported a 170% increase in revenues to EUR 82.6mln in its financial results for 2007. The company statement said that as a result of the substantial growth in investment properties from EUR 1.29 bn to EUR 1.69 bn, revenues increased from EUR 30.1mln in 2006 to EUR 82.6mln in 2007.
Private asset management company Kryalos has completed the acquisition of a light industrial property in Rome, through its Mars fund.
