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AccessMyLibrary    Browse    E    Europe Intelligence Wire    OCT-03    Metro decides not to sell its property shares (Die Metro AG will ihr milliardenschweres Immobilienpaket doch nicht verkaufen).

Metro decides not to sell its property shares (Die Metro AG will ihr milliardenschweres Immobilienpaket doch nicht verkaufen).

Publication: Europe Intelligence Wire

Publication Date: 31-OCT-03
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COPYRIGHT 2003 Financial Times Ltd.

(From Die Welt)

Metro AG, Germany's largest retail group, has decided not to sell its stake in AIB, the German real estate company. AIB owns around 350 properties worth over 3bn euros. Metro currently holds 49 per cent of shares in AIB, with the remaining shares belonging to WestLB,...

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