Paris-based broker Alban Cooper has pulled out of the GVA Worldwide network four years after helping to found the organisation.

Sources said that there had long been tension between Alban Cooper, which has a bias towards retail property, and other members of the organisation which aimed to offer a wider range of services.

Alban Cooper plans to grow its own network of European offices, and it will be opening new branches in London and Lisbon. With the existing representation in Paris, Madrid, Milan, Rome, Barcelona and Istanbul this brings Alban Cooper’s network to eight.

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