Scandinavian Property Development (SPDE) has unveiled an oversubscribed private placement which will raise NOK 700 mln (EUR 77.3 mln) to strengthen the company's financial position. In a press release, SPDE said that the placement is subject to the approval of the company's general meeting on 14 July.
Westland Shopping Centre in the Brussels neighbourhood of Anderlecht may be up for sale, according to Belgian media reports.
