German property investor Commerz Real on Thursday reported pre-tax profit of EUR 140 mln for the full year 2007, a jump of more than 40% on comparable year-earlier figures. This figure includes a one-off gain of EUR 25.8 mln from the retransfer of valuation reserves.
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.
