Find in the news:
BY COUNTRY

Wereldhave and Unibail-Rodamco SE in agreement for the disposal of €850m French retail portfolio



Wereldhave and Unibail-Rodamco have entered into an agreement where Wereldhave is due to obtain a portfolio of six non-core shopping centers based in France.
The proposed transaction is due to attract €850m, which is representative of a 5.5% net initial yield and an average per square meter value of €4200.

Wereldhave has been granted an exclusivity period by Unibail-Rodamco, which expires on November 10, 2014, for consultation with the work council at Unibail-Rodamco.  The final signature of the agreement is set for a date during November 2014.

The agreement is due to be closed before the end of 2014 and customary conditions, such as shareholders’ and regulatory approvals prevail.

Chairman and CEO of the management board of Unibail-Rodamco, Christophe Cuvillier, said they are pleased with the agreement and believe that Wereldhave will use the full potential of the portfolio.  The disposal of this portfolio will allow Unibail-Rodamco to continue sharpening their focus on large regional shopping malls.

Wereldhave received advice from Cushman & Wakefield on this transaction.

More about shopping malls in France

YESTERDAY, France:
French chain of department stores Galeries Lafayette has announced a new service for customers during the closing of stores.
YESTERDAY, USA:
The chain of coffee shops adapts to the realities of the post-quarantine world and focuses on drive-thrus, self-service, and delivery.
DAY BEFORE YESTERDAY, Italy:
Due to the sharp decline in interest in fashion in the midst of the pandemic, the company is abandoning the traditional calendar of shows and moving to an off-season schedule.
DAY BEFORE YESTERDAY, Germany:
The masks to protect against coronavirus are called Face Covers and are made from recycled materials.
May 25, 2020, United Kingdom:
Due to the coronavirus pandemic, more and more customers are adopting the habits of the younger generation and do not want to constantly change their wardrobe.
May 25, 2020, Slovenia:
SES Spar European Shopping Centers opened ALEJA Center in Ljubljana on Wednesday, 20 May 2020.
Friend
and Follow
Cabot Circus GLA:990 280 SF
ADDRESS: Glass House, Bristol BS1 3BX
United Kingdom . Bristol
Cabot Circus
Designer Outlet Provence GLA:269 098 SF
ADDRESS: Mas de la Peronne, Miramas, France
France . Miramas
Designer Outlet Provence
212 Istanbul Power Outlet GLA:753 474 SF
ADDRESS: Mahmutbey Merkez Mah. Taşocağı Cad. No:5 Bağcılar  /  İstanbul
Turkey . Istanbul
212 Istanbul Power Outlet
Forum Istanbul GLA:1 883 684 SF
ADDRESS: Kocatepe Mahallesi, Pasa Caddesi 34045 Bayrampasa
Turkey . Istanbul
Forum Istanbul


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