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LONDON (Thomson Financial) - A sale of Metro AG's real estate portfolio is unlikely and the significance of those assets has been inflated, analysts said.

PARIS (Thomson Financial) - The Caisse Nationale des Caisses d'Epargne (CNCE) and property developer Nexity have signed a memorandum of understanding to create a combined real estate company, they said in a joint statement.

A delegation of leading academicians from the National University of Singapore (NUS) last week held talks with officials from the Dubai Real Estate Institute (DREI), the region's first specialized academic institute for real estate studies.