Pirelli Real Estate has said it carried out EUR 530mln worth of property sales in the first half of 2008. The group's share came to EUR 208mln, or 39%. The gross margin comes to EUR 109mln (21%), of which EUR 44mln pertains to Pirelli RE.
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.
