Beni Stabili sells 7% of capital in move towards REIT status

By A staff reporter 2010-04-19T00:00:00

Beni Stabili, the Italian real estate arm of France's Fonciere des Regions (FdR), is selling 134 million shares, or 7% of its capital, as part of the process of converting to real estate investment trust (REIT) status by the end of the year.

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