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...While estimates vary, public housing represents roughly 2 per cent of Portugal’s housing stock and between 1 and 3 per cent of all homes in Spain — below the EU average of 7.5 per cent and far off France...
...European markets Eurofirst 300 up +2.56 (+0.17%) at 1,476 FTSE100 down -19.38 (-0.26%) at 7,378 CAC 40 down -1.13 (-0.02%) at 5,113 Dax up +7.35 (+0.06%) at 12,304 Currencies €/$ 1.20 (1.20) $/¥ 108.41...
...About €100m has been invested in UIP’s Pine Cliffs resort, says Mr Leal, since it it started 17 years ago. A further €60m to €80m of investment is still to come....
...But given the fast pace of their earnings growth, in 2007 these numbers drop to 15.2, 13.2 and 13.1 respectively....
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