UPDATE 1-Mexico Carso eyeing spin off of real estate assets

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Mon Dec 8, 2008 7:21pm EST

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MEXICO CITY Dec 8 (Reuters) - Mexican conglomerate Grupo Carso, owned by billionaire Carlos Slim, said on Monday it is looking at spinning off some of its real estate assets into a new company that would trade on the Mexican stock exchange.

The new company would likely comprise Carso's mall construction operations, according to a company source but no further details were immediately available.

Carso (GCARSOA1.MX) has industrial, retail, infrastructure and construction businesses. Its shares rose 4.52 percent to close at 31.48 pesos on Monday. (Reporting by Cyntia Barrera Diaz; editing by Carol Bishopric)

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