Listed Italian retail property specialist Immobiliare Grande Distribuzione (IGD) SIIQ saw its profit double to EUR 14 mln in the first half of 2010, largely as a result of lower writedowns on its Italian and Romanian property portfolio. The figure compares to a EUR 7 mln profit in the same period a year before.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
