Closed-end property investment company Warehouses de Pauw (WDP) reported net profit increased by a higher-than-expected 11.5% to EUR13.9 mln in the first six months of 2008 from EUR12.5 mln in the year-earlier period. Earnings per share amounted to EUR1.62, up from EUR1.45 in the same period a year ago.
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.
