Paris, Amsterdam, September 24, 2014
Press Release
Unibail-Rodamco SE signs a definitive agreement with Carmila to dispose of a €931 Mn portfolio of six shopping centres in France
Pursuant to the announcement made on July 30, 2014, and after consultation by the Group and Carmila of their respective work-councils, Unibail-Rodamco announces that it has signed a definitive agreement with Carmila to sell six of the Group's shopping centres (BAB 2, Bay 1 and Bay 2, Cité Europe, Labege 2 and Place d'Arc).
Terms of the transaction are as announced in July 2014.
Closing of the transaction is expected before the end of the year 2014 and is subject to customary conditions precedent.
For further information, please contact:
Investor Relations
Pierre-Marie Battesti
+33 1 76 77 56 97
Media Relations
Camille Delomez
+33 1 76 77 57 94
About Unibail-Rodamco
Created in 1968, Unibail-Rodamco SE is Europe's largest listed commercial property company, with a presence in 12 EU countries, and a portfolio of assets valued at €33.6 billion as of June 30, 2014. As an integrated operator, investor and developer, the Group covers the whole of the real estate value creation chain. With the support of its 1,550 professionals, Unibail-Rodamco applies those skills to highly specialised market segments such as large shopping centres in major European cities and large offices and convention & exhibition centres in the Paris region.
The Group distinguishes itself through its focus on the highest architectural, city planning and environmental standards. Its long term approach and sustainable vision focuses on the development or redevelopment of outstanding places to shop, work and relax. Its commitment to environmental, economic and social sustainability has been recognised by inclusion in the DJSI (World and Europe), FTSE4Good and STOXX Global ESG Leaders indexes.
The Group is a member of the CAC 40, AEX 25 and EuroSTOXX 50 indices. It benefits from an A rating from Standard & Poor's and Fitch Ratings.
For more information, please visit our website: www.unibail-rodamco.com (http://www.unibail-rodamco.com/)
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: UNIBAIL-RODAMCO SE via Globenewswire
