BlackBerry sells real estate - BBC News

BlackBerry wants to sell most of its Canadian properties, to improve the financial situation is not the best – reports The Wall Street Journal.

BlackBerry tries to go straight

/ AFP

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headquarters and most of the real estate BlackBerry is in Waterloo. The others are in Toronto and Ontario. The company wants to get rid of a total of 278 709 square meters, what should earn from 600 to 700 million dollars. That amount certainly would help podreperowaniu heavily depleted budget.

Sources say that last month the company sold to the University of Waterloo BlackBerry 5 buildings and additional land for a total amount of 37 million dollars.

President BlackBerry provides, however, that the company has no intention of giving up and wants to maintain a strong position in the Canadian market.

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