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28 May 2012

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FdR's Beni Stabili to become 2nd Italian REIT/SIIQ

Italy's biggest listed real estate group Beni Stabili, 52% controlled by French SIIC Foncière des Régions, is set to approve conversion into the nation's second Real Estate Investment Trust after the shopping centre group IGD (Immobiliare Grande Distribuzione).

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