Spanish property group Parquesol said its net profit last year fell 26.5% to EUR 41.1 mln, as the company was hit by a sharp slowdown in demand in the country’s real estate sector and delays in the expected delivery of some of its residential developments.
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.
