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Volume 6 - Number 1 | January 2, 2008
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Accor Agrees to Another Hotel Sale-Leaseback
By Michelle Napoli
Despite a significant slowdown in European property sales, Paris-based Accor SA has inked another sizeable agreement as part of its ongoing business strategy of selling and leasing back hotel properties.
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Update: SL Green, SITQ Close on Citigroup SLB
By Michelle Napoli
SL Green Realty Corp. and SITQ, a subsidiary of Caisse de depot et placement du Quebec, closed on their nearly $1.58-billion acquisition of two Citigroup office towers in Manhattan. The deal calculates out to $598.75 per sf.
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Insider: Real Estate Roundtable’s Jeff DeBoer
By John Salustri
The industry--and other interested parties, apparently--dodged a bullet in the past few weeks as the long-feared carried interest tax-hike proposal was dropped from the alternative minimum tax bill.
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