PARIS — Carrefour here on Wednesday announced plans to spin off its real estate holdings into a separately listed company. About 60% of its real estate holdings, including stores, shopping centers and development sites located in France, Spain and Italy, would be spun into a separate company, Carrefour Property, in 2008. Around $4 billion of the estimated $27 billion portfolio would be available to shareholders, Carrefour said. The move comes after some investors had pressured the company to ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

Why Register for FREE?

Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick.  What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
 

Click here to read the FAQ page if you have any questions (opens in a new window)
 

Attention Paid Print Subscribers:  While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.

Already registered? here.