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Federal government unloads real estate

Posted on 01 June 2012

The federal government, the nation’s top property owner, said Thursday that it is on track to save $8 billion by the end of the fiscal year by consolidating its real estate holdings and selling off the excess.
The government had achieved savings of $5.6 billion as of the end of the first quarter, according to the Office of Management and Budget, which said agencies are on track to add several billion more in savings by the end of the fiscal year………………………………………..Full Article: Source


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