Unibail-Rodamco-Westfield completes the disposal of Tour Majunga
July 03 2019 - 1:00PM
Paris, Amsterdam, July 3, 2019
Press release
Unibail-Rodamco-Westfield completes the
disposal of Tour Majunga
Further to an agreement entered into in April
2019, Unibail-Rodamco-Westfield announces the completion of the
disposal of the Tour Majunga office building, located in the heart
of the La Défense business district, to a consortium of
institutional investors led by South-Korean securities firm Mirae
Asset Daewoo and Amundi Real Estate. The Net Disposal Price of the
transaction is €850 Mn.
For further information, please
contact:
Investor Relations Samuel Warwood Maarten
Otte +33 1 76 77 58 02 Maarten.otte@urw.com
Media Relations Tiphaine Bannelier-Sudérie +33 1 76
77 57 94 Tiphaine.Bannelier-Suderie@urw.com
About Unibail-Rodamco-Westfield
Unibail-Rodamco-Westfield is the premier global
developer and operator of flagship shopping destinations, with a
portfolio valued at €65.2 Bn as at December 31, 2018, of which 87%
in retail, 6% in offices, 5% in convention & exhibition venues
and 2% in services. Currently, the Group owns and operates 92
shopping centres, including 55 flagships in the most dynamic cities
in Europe and the United States. Its centres welcome 1.2 billion
visits per year. Present on 2 continents and in 12 countries,
Unibail-Rodamco-Westfield provides a unique platform for retailers
and brand events, and offers an exceptional and constantly renewed
experience for customers. With the support of its 3,700
professionals and an unparalleled track-record and know-how,
Unibail-Rodamco-Westfield is ideally positioned to generate
superior value and develop world-class projects. The Group has a
development pipeline of €11.9 Bn.Unibail-Rodamco-Westfield
distinguishes itself by its Better Places 2030 agenda, that sets
its ambition to create better places that respect the highest
environmental standards and contribute to better cities.
Unibail-Rodamco-Westfield stapled shares are listed on Euronext
Amsterdam and Euronext Paris (Euronext ticker: URW), with a
secondary listing in Australia through Chess Depositary Interests.
The Group benefits from an A rating from Standard & Poor’s and
from an A2 rating from Moody’s.
For more information, please visit
www.urw.comVisit our Media Library at
https://mediacentre.urw.comFollow the Group updates on Twitter
@urw_group, Linkedin @Unibail-Rodamco-Westfield and Instagram
@urw_groupAccess the URW 2018 report at
https://report.urw.com/2018/
- 20190703 URW PR - Closing Tour Majunga ENG
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