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Accor Sells $135M In Real Estate Assets To New JV

By Natalie Rodriguez (July 30, 2012, 3:45 PM EDT) -- French hotel giant Accor SA has sold two Chinese properties and its stake in a real estate fund for €110 million ($134.5 million) to a new Asian-Pacific joint venture led by Ascendas Pte. Ltd., in which Accor will take a minority stake, the company announced Monday....

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