Deutsche Post to put EUR 1 bn real estate portfolio up for sale

By A staff reporter 2007-11-06T00:00:00

Germany's Deutsche Post World Net plans to sell off vacant real estate worth EUR 1-1.5 bn to generate cash and boost its share price, newspaper Financial Times Deutschland has reported. The paper said that the German postal company, headed by CEO Klaus Zumwinkel, has hired Morgan Stanley to organize the ...

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