The EUR 4.04 bn takeover offer made by Spanish property company Martinsa for peer Fadesa has been approved by Competencia, the Economy and Housing Ministry's competition agency. The offer now requires the consent of CNMV, the National Commission on Stock Exchanges.
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.
