German retailer plans massive property sell-off

By A staff reporter 2007-06-25T00:00:00

KarstadtQuelle, Germany's largest department store group, has confirmed that up to 20 bidders have expressed an interest in the company's real estate. Company spokesman Joerg Howe said Rothschild & Sons and Goldman Sachs have been appointed to advise on the sale of KarstadtQuelle's stake in a real estate portfolio, consisting ...

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