Metrovacesa has revised its full-year 2006 net profit forecast upwards to EUR 1.1 bn despite the ongoing boardroom battle for control of the Spain's largest property group. Metrovacesa had early revised its forecast from EUR 690 mln to EUR 880 mln. The latest forecast came as it reported a 176.4% increase in net profit for the nine months to September.
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.
