Batipart and Delfin, the two major investors in Fonciere des Regions (FdR) with 36% of the shares, have agreed to terminate a shareholder accord which gave them control of the French office REIT. In a statement, the two companies gave no explanation for their decision but said that they both remain confident in FdR's ability to develop and strengthen its profitability.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
