French property company Gecina has said it will pay a dividend of EUR 5.01 per share on 2007 earnings, up 19.3% on 2006. Among other 2007 figures released Friday, Gecina said group net income fell 27.3% to roughly EUR 1.3 bn after value adjustments while EBITDA before disposals and value adjustments rose 11.6% to EUR 463.6 mln.
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.
