Morgan Stanley to sell French property firm

PARIS,(Reuters) - Morgan Stanley Real Estate (MS.N: Quote, Profile , Research) is expected to choose on Thursday the buyer for its French business Compagnie La Lucette and Lehman Brothers' Real Estate (LEH.N: Quote, Profile , Research) appears to be best placed, French newspaper Le Figaro said on Wednesday. Offers ranged from 1.25 billion euros ($1.73 billion) to 1.4 billion euros and Lehman's offer topped those of other potential buyers, including Nexity-Caisses d'Epargne (NEXI.PA: Quote, Profile , Research) and a German invesment fund, the paper said.