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.
Finnish real estate manager Sirius Capital Partners, through a recently formed affiliate, has purchased a portfolio of four residential buildings in Helsinki, Finland.
