Dutch retail property specialist Corio said its net profit in the first six months of 2008 fell to EUR 69.8 mln from EUR 339.8 mln in the like, year-earlier period, as a 16.8% increase in net rental income was offset by a negative revaluation result and higher financing costs.
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.
