Lehman plans ‘important’ real estate sales in 2011

Lehman Brothers Holdings Inc. is planning “important” real estate sales in the first half of 2011 as values for its properties rise after the firm’s two years in bankruptcy, Chief Executive Officer Bryan Marsal said. “We have some strategic projects involving some very high- quality assets that we hope to be bringing to an attractive market,” Marsal said in an e-mail, declining to name buildings being considered for sale.

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3d rendering of a row of luxury townhouses along a street

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