Following asset disposals in Hungary and Poland, emerging markets property developer Plaza Centers said its pretax profit rose to EUR 227 mln in 2007 from EUR 13.7 mln in the year earlier. The company said funds from asset disposals would also allow it to pay out its first dividend of 14 pence (EUR 0.18) a share in June.
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.
