Portugal Telecom plans to sell more than 100 properties this year as part of a plan to raise EUR 90 mln from real estate disposals in the next three years, the head of PT Imobiliaria Rui Pedro Soares told Diario de Noticias on Wednesday. The telecoms group has asked accountancy firm Deloitte to do an audit of its 1,288 buildings, many of which are empty and carry high maintenance costs.

Portugal Telecom plans to sell more than 100 properties this year as part of a plan to raise EUR 90 mln from real estate disposals in the next three years, the head of PT Imobiliaria Rui Pedro Soares told Diario de Noticias on Wednesday. The telecoms group has asked accountancy firm Deloitte to do an audit of its 1,288 buildings, many of which are empty and carry high maintenance costs.