Volkswagen to examine sale of real estate parcels

Newswire

FRANKFURT, March 20 (Reuters) - Volkswagen will next month start centrally managing its property portfolio, which it values at 6.9 billion euros ($10.85 billion), and said it would not rule out selling certain real estate parcels. "Previously, Volkswagen subsidiaries managed their respective property. Now they will first be grouped together to achieve greater transparency and then we will see further what we will do with them," a spokeswoman said on Thursday, acknowledging that one of the ...

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