Global property advisor CB Richard Ellis Group has reported its third quarter revenue this year increased 54.2% to $1.5 bn, and diluted earnings per share increased 23.1% to 48 dollar cents compared to the third quarter of 2006. Excluding onetime charges, the diluted earnings per share for the third quarter came to 55 cents, an increase of 37.5% from the third quarter a year earlier.
Portuguese real estate investor and developer Bondstone is investing around €70 mln in a residential development in Belas Clube de Campo, municipality of Sintra, Portugal.
