Marbella Town Council approves the Quartiers proposal to modify the local plan of the Centro Forestal Sueco properties
As announced in a press release on 29 May this year, Quartiers Properties AB (publ) ("Quartiers" or the "Company") has proposed an amendment to the current detailed plan for Centro Forestal Sueco. The proposal, which was developed in consultation with the Town Council and subsequently incorporated into the Town Council's Master Plan for the area, has now been unanimously approved by the Marbella Town Council. The decision significantly increases the likelihood that Quartiers will be granted 20,000 square metres of new building rights on its Marbella properties, as previously communicated.