Crisis: France speeds up sale of real estate assets
Castles and prisons to be sold for financial recovery, press
(ANSAmed) - PARIS, FEBRUARY 20 - Castles and buildings, as well as prisons and barracks in the heart of Paris will be sold off by the French government in an accelerated manner in order to raise 2.2 million euros in three years. Overall, 1,872 state-owned real estate properties - in France and other parts of the world - will be put up for sale by the end of 2014. The aim - according to the daily paper Le Parisien - is to achieve financial recovery, with France and Europe shaken by the debt crisis.
Saturday, 25 February 2012
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