CLS Holdings plc is pleased to announce that its associate, Catena AB, in which the Group owns 29.99%, has confirmed that planning approval has been granted by the Solna Municipal Assembly, the highest body in Solna, on its circa 150,000 m² mixed-use scheme in Solna, Stockholm.
The scheme includes approximately 800 new apartments and 70,000 m² of commercial space. Catena will now proceed to plan the development in more detail.
Executive Chairman of CLS, Sten Mortstedt, commented: "I am pleased that Catena has now achieved planning approval from the Municipality of its very interesting scheme."
Source: CLS Holdings plc