International shopping centre specialist Sonae Sierra reported a net profit of EUR 8.7 mln in 2010 compared to a loss of EUR 111 mln in 2009. The turnaround was mostly a result of lower yield compression and the resilience and increased operational efficiency of the group's assets.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
