| 29.01.2010 - Citi mulling sale of real estate unit |
| From Bobsguide.com: Citigroup is closer to selling its real estate unit after drawing up a shortlist of preferred bidders. Citi Property Holding, which owns commercial property in the US, Asia and Europe, is soon to be divested by Citigroup as the firm attempts to trim its debts. Among the groups believed to still be in the running to take over Citi Property Holding are Apollo Global Management and the Australian-based Macquarie Group......................................Full Article: Source |