PropertyEU

Carrefour portfolio's valuation of EUR 20bn is 'cautious'

By A staff reporter 2007-04-23T00:00:00

Carrefour was being cautious when it valued its property portfolio at EUR15bn-EUR20bn, ceo Jose Luis Duran told the Financial Times on Monday. The statement comes on the back of Thomas Barrack's claim that the French retailer has assets worth more than EUR30 bn. The founder of Colony Capital said that ...

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