Multi Development UK has been given the go-ahead for the construction of the £300 mln (EUR 402 mln) Summer Row development in Wolverhampton. The company received approval for the compulsory purchase of 72,000 m[sup]2[/sup] of land to the south of the city from the City Council this week.
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.
