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13 February 2012

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French Foncière des Régions says 2008 disposals reached e679m, adds Telecom

French REIT/SIIC Foncière des Régions said it has made e567m in property sales and sale agreements in 2008 to date, generating an average margin over 2007 year-end appraisal values on the order of 5%. In Italy, its subsidiary Beni Stabili has posted e111.5m in property sales and agreements since the start of 2008, obtaining an average margin on the order of 9%.

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