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.
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.
