MWB Group reported trading was in line with expectations during the third quarter despite difficult market conditions. The interim report for the period 1 July 2008 to 1 October 2008, showed that the group's hotel division was maintaining occupancy although there was a softening in room rate due to tightening corporate demand.
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.
