Wall Street Journal By Reuters

(Reuters) – Wells Fargo & Co (N:) is exploring a sale of its Eastdil Secured real-estate division, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

The U.S. bank has been weighing a sale of Eastdil, which provides financial advisory services to real estate owners, for at least a few months now, the Journal said.

Wells Fargo, which bought Eastdil in 1999, was not immediately available for comment.

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