| 30.01.2009 - Klepierre to sell EUR 1 bn of property |
| From Propertyeu.info: French listed property group Klépierre has unveiled plans to sell off EUR 1 bn worth of properties as it seeks to deleverage its business after posting solid results in 2009. The 'extensive disposal programme' will involve both office and shopping centers properties, the group said on Thursday. The asset sales are expected to have only a minor impact on cash flow, it added, 'since they will contribute to deleveraging.'.... Full Article: Source |