Issue 2012 February 14th

This issue was created on 2012-02-14 11:19:00

  • French REIT realigns as it sells off smaller assetsFebruary 14, 2012
A REIT owned by one of Europe’s largest grocery groups has pledged to downsize its portfolio and to focus on its largest assets, becoming the latest portfolio owner to orient its strategy around core product. The move will release around euro1.25bn and will see its grocery partner downsize its own stake in the business across 2012.
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