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Next Issue Monday
13 September 2010
Featured Events
- CoreNet Global Summit
27-29 September 2010
London, UK
- Commercial Real Estate Finance Council Europe
25-26 October
London, UK
- MAPIC 2010
17-18-19 November 2010
Cannes, France
Iberian crisis sinks Portugal-based Sonae Sierra's earnings in first half
Portuguese shopping centre specialist Sonae Sierra posted a e1.3m net profit in the first half of 2008, down massively from e163.7m during the same period last year. The culprit, similar to other Spanish and Portuguese property firms, has been a drastic de-valuation and rising yields.