Axel Wieandt resigned has unexpectedly as chairman of the management board of Hypo Real Estate after a clash with the German bank rescue fund Soffin about the management of the nationalised property lender. Hypo RE is the holding company of the troubled German commercial property lender which operates under the name Deutsche Pfandbriefbank.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
