30.08.2012 - France's ANF Immobilier in talks to sell $1 bln of property
French property group ANF Immobilier said on Wednesday it was in exclusive talks to sell almost half of its 1.7 billion euro (1.3 billion pounds) property portfolio to two bidders, including Britain's Grosvenor Group. The company, which is majority-owned by French investment group Eurazeo, owns shops, offices and homes in downtown Lyon and Marseilles and a portfolio of 168 hotels in France. It said the offers from the two parties totalled 816.6 million euros...............................................Full Article: Source
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