Dawnay Day Treveria, a UK investor in German retail property, have reported adjusted profits after tax of EUR 20 mln, up from EUR 11 mln for the same period last year. New property assets over the period were valued at EUR 326 mln, with revenues of EUR 67.8 mln. Total property assets now stand at EUR 2.1 bn compared with EUR 1.2 bn in 2006.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
