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13 September 2010

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Property Finance News

French REIT Gecina resumes share buyback to finally split from Metrovacesa

The board of French REIT/SIIC Gecina has approved resumption of a share buyback offer designed to complete a complex separation from its recent owner, the large listed Spanish real estate firm Metrovacesa. The offer will probably be submitted for shareholder approval before year-end.

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