Spanish property company Reyal Urbis said it reported a loss of EUR 69 mln in the first half of the year, representing an 80% improvement compared to a loss of EUR 332 mln in the same period last year. In a statement to the Spanish financial market regulator CNMV on Friday, the company said its turnover amounted to EUR 419 mln in the first six months of 2009, down by 58% on last year's volumes.
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.
