Unibail-Rodamco-Westfield enters into an agreement to sell the Skylight and Lumen office buildings in Warsaw
31 Ottobre 2018 - 1:00AM
JCN Newswire (English)
Paris, Amsterdam, Oct 31, 2018 - (ACN Newswire) - On October 30,
2018, Unibail-Rodamco-Westfield entered into an agreement with
Globalworth Poland, a listed Polish property company, for the sale
of Skylight and Lumen office buildings in Warsaw. The total
acquisition cost of EUR190.0 represents a premium to the book value
as at June 30, 2018.
This transaction is subject to standard conditions precedent and is
expected to close by year-end.
The Skylight and Lumen office buildings with a GLA of 45,500 m2 are
located in the central business district of Warsaw.
The transaction is part of the EUR3 Bn European disposal programme
to be executed over the next several years announced by
Unibail-Rodamco-Westfield on December 12, 2017. More than 62% of
this programme has now been agreed or completed since June 30,
2018. The expected impact of this transaction was taken in account
in the Adjusted Recurring Earnings per Share guidance of the Group
released on October 25, 2018.
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-Suderie
+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 EUR63.7 Bn as at June 30, 2018, of which 86% in retail, 8% in
offices, 5% in convention & exhibition venues and 1% in
services. Currently, the Group owns and operates 97 shopping
centres, including 56 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 13 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 the largest development pipeline in the
industry, worth EUR12.5 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.com Visit our Media
Library at https://www.mediacentre.urw.com
20181030 URW PR - Signing Skylight Lumen EN:
http://hugin.info/136618/R/2223167/871147.pdf
Source: UNIBAIL-RODAMCO SE
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