Rabo Real Estate Group booked a net profit of EUR 68 mln in the first six months, a decline of 27% compared to the same period last year. FGH Bank saw the level of its lending portfolio virtually unchanged at EUR 17 bn at end-June. Despite the recession, margins on new loans have improved and value changes of the existing lending portfolio remained low, the group said in a press release.
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.
