ICA, the Scandinavian retail unit 60% owned by Ahold of the Netherlands, is to reduce its interest in the Swedish Netto Marknad chain to 5% from 50%. ICA said on Thursday it had reached an agreement with joint venture partner Dansk Supermarked about the move.
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.
