Valad Property Group said it has received notice of the termination of its $726 mln (EUR 490 mln) investment management mandate with Kefren of Sweden after the company's senior banks decided to call up their loans and apply for Kefren's bankruptcy. Kefren had been in talks with its creditor banks for almost two years.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
