A French court annulled an order for Metrovacesa, Spain’s largest real-estate developer, to buy a Paris office building for €85 m, according to a regulatory filing.

Metrovacesa, which had its French assets temporarily frozen by the court in February after it failed to complete the purchase of a property from French holding company G2AM, had originally been ordered to fulfill the purchase agreement and pay a 5 million-euro fine, according to the filing.

bloomberg.com