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BlackBerry to divest majority of its Canadian real estate

22
Jan
2014

BlackBerry Ltd said on Tuesday it intends to divest the majority of its real estate holdings in Canada, as it works to bolster its balance sheet and turnaround its fortunes. In partnership with commercial real estate services company CBRE, BlackBerry said it intends to strategically divest the majority of its real estate assets via a combination of sale-leaseback and vacant asset sales.

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