Realia, a Spanish property company controlled by construction group FCC and bank Caja Madrid, said revenues came to EUR 817.4 mln in 2006, a 21% increase year-on-year. Earnings before interest, taxes, depreciation and amortization (EBIDTA) rose 15% to EUR 289.4 mln. Profit before taxes increased 12% to EUR 176 mln.
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.
