Frankfurt-based DIC Asset has posted total revenues of EUR 39.1mln for the first quarter of the 2008 financial year. The figure represents an increase of EUR 21.8mln on the same period last year. Operating profits also increased from EUR 9mln in the first quarter of 2007 to EUR 10.2mln in 2008.
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.
