PropertyEU

Colonial delays sale of SFL's stake

By A staff reporter 2007-09-14T00:00:00

Inmobiliaria Colonial is postponing the sale of 10% of its majority stake in the French SIIC Societe Fonciere Lyonnaise (SFL) until the credit market stabilises. 'We will sell the stake as soon as the market situation improves,' Colonial's Mariano Miguel told newspaper El Pais.

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