French office-focused group Fonciere des Regions reporeted losses narrowed to EUR 262 mln in 2009, from EUR 556.5 mln a year before. The Metz-based property group saw its net asset value (NAV) drop 18% year-on-year, mostly reflecting writedowns in the first half of the year. In H2 2009, NAV increased by EUR 370 mln to EUR 4 bn, or EUR 79.2 per share.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
