French listed property firm Société de la Tour Eiffel (STE) said it registered a sustained level of activity in the first half of 2008, with revenues rising 9.8% to EUR 42.7mln compared to the like, year-earlier period. Despite tougher economic times, STE said the performance of French regional markets in which it invests was particularly encouraging.
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.
