French property group Foncière des Régions plans to reduce its 68% stake in Beni Stabili to just 52% this year, allowing its Italian property arm to convert to the tax-efficient SIIQ status by the end of 2010, Christophe Kullmann, Chief Executive of Fonciere des Regions, told PropertyEU in an interview.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
