AIM-listed property investment company Dawnay, Day Carpathian (DDC) said that it has spent or committed approximately 95% of its funds in its target areas in Central and Eastern Europe as its announced an 8% increase in its net asset value per share in 2007. The company also said its net rental and related income increased 91% to £ 24.3mln (EUR 30.9mln) in 2007 from £ 12.7mln in 2006.
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.
