PropertyEU

French office REIT FPF rejects fresh bid

By A staff reporter 2011-11-28T00:00:00

The new offer submitted by Paris Hôtels Roissy Vaugirard (PHRV) for French listed office landlord Foncière Paris France is still 'significantly below the company's intrinsic value', FPF said in a statement. The company will call a general meeting to issue a new recommendation to shareholders, it added.

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