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31 May 2012
Frankfurt am Main, Germany
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20 June 2012
London
French govt to sell 6% of buildings to cut deficit
The French government is aiming to sell 6% of its total building stock over the next three years as it seeks to cut its ballooning fiscal deficit. Budget Minister François Baroin announced a plan to offload 1,700 of the government's 28,000 property assets in total. Many of the sales will come from local and decentralised services where Baroin hopes to get rid of 750 buildings.