ΒιΆΉΣ³» Retail News β Page 124
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News
Carrefour to spin off property
FRANCE - French retailer Carrefour is to offer 20% of its β¬24bn property portfolio to βstrategic institutional real estate partnersβ and other investors, including pension funds.
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Corio to divest office and industrial portfolios
EUROPE - The β¬6bn property investment company Corio has decided to explore the divestment of a major part of its offices and industrial portfolios, and to further focus on its retail activities.
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Unibail-Rodamco prepares post-merger management
NETHERLANDS - Unibail-Rodamco is almost ready to announce its top 50 management structure as its integration efforts are now on track, the β¬23.9bn property investor has said.
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News
Low returns fail to deter core pension fund investors
UNITED STATES β Some US pension funds are still willing to invest a portion of their capital in core real estate despite returns being at an all-time low, according to consultants Townsend Group.
