Foncière Développement Logements, a subsidiary of Foncière de Régions, reported group revenue flat at EUR 106.4 mln in the first half, leading to a 4% rise in earnings per share. Rental income increased 1.7% over the period, reflecting a 2.25% rise in France and 1.6% growth in Germany. The vacancy rate fell over the six-month period to 1.5% from 2.9% at end-2008.
Swiss real estate group Investis has boosted its real estate holdings with the CHF 139 mln (€149 mln) purchase of prime residential properties in Vaud canton.
