© Thomson Reuters FILE image: The logo of French retailer Carrefour on shopping trolleys in Sao Paulo SAO PAULO (Reuters) -Grupo Carrefour Brasil on Tuesday stated it has all started experiences for a potential carve-out of its precise estate company unit, a circulate that could lead on to the introduction of one of Latin america's biggest retail-focused true estate companies.
The firm referred to in a securities submitting that its true estate unit at the moment contains more than 450 assets, adding that the potential new company would have greater than 1.5 billion reais ($287.09 million) of web working earnings.
Formally referred to as Atacadao SA, the local unit of French retailer Carrefour SA cited that the flow would also include the knowledge sale of a minority stake in Carrefour precise estate to a strategic investor.
The move comes "according to the community's strategy to liberate price of its belongings and to accelerate the building of its real estate," Carrefour Brasil added.
($1 = 5.2249 reais)
(Reporting by means of Gabriel Araujo; enha ncing by using Steven Grattan)
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