Unibail-Rodamco To Sell 5 Dutch Shopping Malls To Wereldhave
16 February 2010 - 6:45PM
Dow Jones News
Franco-Dutch real estate company Unibail-Rodamco SA (UL.FR) said
Tuesday that it is selling five shopping malls in the Netherlands
to Dutch rival Wereldhave NV (WHA.AE) for EUR235 million, as part
of its strategy to focus on large shopping centers.
The deal is expected to close in March 2010.
The sale of the Overvecht center in Utrecht is conditional
because of a right of first refusal of a third party,
Unibail-Rodamco added.
Company web site: www.unibail-rodamco.com
-By Elena Berton, Dow Jones Newswires; +33 1 40 17 17 65;
elena.berton@dowjones.com
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