AIM-listed Dolphin Capital Investors has announced a 107% rise in net asset value and profit before tax of EUR 574 mln. The company said in its preliminary results for 2007 that it has achieved considerable market share on its target resort markets of Southeast Europe (SEE) and is already believed to be the top ranked seafront development landowner in Cyprus and Greece.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
