The Metro Shopping Fund, a joint venture between Land Securities and Delancey, was forced to withdraw its planning application for a major mixed-use development at Clapham Junction, London. The company had been seeking planning permission for a large mixed-use project consisting of 556 homes in a high-rise scheme, new shopping areas and a cinema.
Swiss real estate group Investis has boosted its real estate holdings with the CHF 139 mln (€149 mln) purchase of prime residential properties in Vaud canton.
