French retail company Casino plans to unlock the capital tied up in its food store properties that no longer offer strong development potential. The move, which marks a new phase in Casino's property management strategy, is aimed at funding projects in France and abroad. The company said that it will transfer 255 urban and semi-urban supermarket properties in France, representing a total of 170,000 m[sup]2[/sup] of retail sales area to a new vehicle called AEW Immocommercial.
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