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Portugal Real Estate September 2, 2007 3:27 pm

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Telegraph.co.uk
Carrefour, French Retail Giant, to Sell 20% of Its Property Unit
New York Times, United States - Aug 30, 2007
The chain?s real estate portfolio holds 280 such stores and twice as many smaller markets. By JULIA WERDIGIER LONDON, Aug. 30 ? Carrefour, the French
Carrefour plans IPO for real estate division Turkish Daily News (subscription)
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Yahoo News

Carrefour plans IPO for real estate division (Straits Times)
PARIS - FRENCH retail group Carrefour said on Thursday it would list shares in its property division on the Paris stock exchange to fund a share buyback scheme worth as much as 4.5 billion euros (S$9.3 billion).

Carrefour, French Retail Giant, to Sell 20% of Its Property Unit (New York Times)
Carrefour, the world?s second-biggest retailer, said Thursday that it planned to sell part of its real estate portfolio in and I.P.O.

Carrefour to sell stake in property unit (International Herald Tribune)
The French supermarket chain expects to raise about ?3 billion by selling a 20 percent stake in Carrefour Property, a unit that owns 60 percent of Carrefour’s real estate, or 280 superstores and 540 smaller supermarkets in Europe.

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