DIC Asset, the Frankfurt-based office developer, reported gross rental income rose 11% to EUR 62.5 mln in the first six months of 2012 compared with the year-earlier period. The increase was driven by portfolio growth and a strong letting performance, the company said in a statement. The vacancy rate of the portfolio improved to 12% from 13.8% in the year-earlier period.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
