Find in the news:
BY COUNTRY

Carmila to buy shopping centers worth €931m from Unibail-Rodamco



The French commercial property investor, developer and operator, Unibail-Rodamco SE, confirmed that it has signed an agreement with Carmila, an affiliate of French grocery retailer Carrefour Group, to sell a six shopping center portfolio worth €931m.
The shopping centers include Bay 1, Bay 2, BAB 2, Labège 2, Place d’Arc and Cité Europe. 

The deal was announced on July 30 and Unibail-Rodamco stated that the transaction terms are as announced earlier.
Finalization of the transaction is expected prior to the end of 2014 and is subject to normal conditions.

Unibail-Rodamco announced, during February, its intention to dispose of €1.5bn to €2bn of shopping centers over the next five-year period, to enable them to concentrate on large assets.  It stated during July that it would dispose of six non-core shopping centers, which are anchored by Carrefour, and based in France.  The company said the proposed transaction would have no effect on its recurring earnings per share growth of a minimum of 5.5% for 2014.

It has been stated that Carmila owns the shopping centers anchored by huge Carrefour hypermarkets and Carmila would have the opportunity to generate generous returns and synergies. 
Carrefour’s Carmila 

Carmila was created during mid-April by Carrefour and its co-investment partners, with the aim to improve the value of the shopping centers situated next to Carrefour hypermarkets in Italy, Spain and France.  Carrefour currently owns 42% of Carmila.

Shares for Unibail-Rodamco were down by 2% or €4.15 in Paris, at €200.10.


More about shopping malls in France

May 22, 2020, USA:
The British retailer said that the demand for home clothing, sleepwear and bras has increased, but office suits have become less in demand.
May 22, 2020, USA:
Victoria’s Secret to close about 250 stores in the U.S. and Canada, Bath & Body Works to close 50.
May 20, 2020, Slovenia:
SES Spar European Shopping Centers opened ALEJA Center in Ljubljana on Wednesday, 20 May 2020.
May 19, 2020, Italy:
Shops in downtown Rome, Milan, and other top locations remain closed despite the lifting of restrictions.
May 19, 2020, USA:
According to a study by FTI Consulting, more than a third of Americans have stopped buying goods from China.
May 18, 2020, USA:
Swedish company Ingka Centres has already entered into negotiations for the acquisition of central facilities in major US cities.
Friend
and Follow
Designer Outlet Malaga GLA:322 917 SF
ADDRESS: 29004, Málaga, Spain
Spain . Malaga
Designer Outlet Malaga
K in Lautern GLA:224 966 SF
ADDRESS: 67655 Kaiserslautern
Germany . Kaiserslautern
K in Lautern
FAN Mallorca Shopping GLA:592 015 SF
ADDRESS: C/ Cardenal Rossel, S/N. 07007 Palma de Mallorca
Spain . Palma
FAN Mallorca Shopping
I Viali GLA:452 084 SF
ADDRESS: Via Dei Cacciatori 111 - 10042 Nichelino TO - Piemonte
Italy . Torino
I Viali


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us