Bloomberg quoted Co-Chief Executive Officer Hamid Moghadam as saying that the $800 million in planned sales would be in addition to about $470 million of property in the Americas the company had already disposed of.
"Given investor appetite for high-quality industrial real estate, we're increasing the pace of our non-strategic dispositions especially in the U.S.," Moghadam had said on a call with analysts after the company reported second-quarter results. (Reuters)