Eurosic plans to become one of the ten largest listed property companies in France by 2011. The company, which is the property arm of Grouppe Caisse d'Epargne, intends to have a EUR 1 bn property portfolio by the end of 2007, and a EUR 3 bn portfolio before 2011, researchers at Kempen & Co said. The move is part of Eurosic's strategic plan for the period 2007-2011. Some 70% of future acquisitions will be in commercial property with the other 30% involving alternative asset classes and development projects.
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