Unibail-Rodamco, Europe’s leading listed property investor and developer, reported a net profit of EUR 1.11 bn in the first half of 2010, compared with a loss of EUR 1.32 bn in the year-earlier period. The improvement reflects an increase in asset values, which grew by EUR 1 bn, or 4.7% like-for-like to EUR 23.3 bn, after two years of decline.
Westland Shopping Centre in the Brussels neighbourhood of Anderlecht may be up for sale, according to Belgian media reports.
