By Bethany Wales Shares in Capital & Regional have fallen by 14 per cent after a prospective bidder for the UK shopping centre owner said it was bowing out of the process. Praxis, a London-based property investor, said it doesn’t intend to make an offer for the listed company – which owns shopping malls in Edinburgh, Hemel Hempstead and Walthamstow. Following the announcement shares in the shopping centre giant fell to 59.4p in early trading. Capital & Regional will now have to wait and see whether Praxis’s rival bidder, fellow real estate investor Newriver REIT, will make a formal offer befor…