Dutch-based property group Wereldhave has reported an increase of more than 15 percent in its net profit during the first nine months of 2006. The profit for the first three quarters of the year, consisting of direct and indirect result, increased to EUR 185.4 mln in 2006, the company reported Wednesday. This reflects a rise of EUR 24.5 mln over the same period in 2005, when profits totalled EUR 160.9 mln.
German-listed real estate company Branicks Group has sold a retail property in Bremen city centre to municipal urban developer Brestadt for €37.2 mln.
