April 4 (Reuters) - Unibail-Rodamco-Westfield SE URW.AS :
- REG-UNIBAIL-RODAMCO-WESTFIELD TO SELL GERA ARCADEN IN GERMANY FOR €116 MN
- TODAY ANNOUNCES AN AGREEMENT WITH AN INSTITUTIONAL INVESTOR FOR SALE OF GERA ARCADEN, IN GERMANY, FOR AN AGREED TOTAL ACQUISITION COST OF EUR 116 MN (AT 100%, URW SHARE 51%), WHICH REPRESENTS A PREMIUM TO LAST APPRAISED VALUE.
- TRANSACTION IS EXPECTED TO COMPLETE IN Q2-2022, SUBJECT TO STANDARD CLOSING CONDITIONS.
- REG-UNIBAIL-RODAMCO-WESTFIELD TO SELL GERA ARCADEN IN GERMANY FOR €116 MN
- GERA ARCADEN IS AN 38,300 SQM SHOPPING CENTRE, INCLUDING OFFICES, LOCATED IN CITY CENTRE OF GERA.
- ALSO ENTERED INTO A MANAGEMENT CONTRACT AND WILL CONTINUE ASSET AND PROPERTY MANAGEMENT OF CENTRE THROUGH ITS GERMAN THIRD-PARTY ASSET MANAGEMENT BUSINESS.
- THIS TRANSACTION IS EXPECTED TO COMPLETE IN Q2-2022, SUBJECT TO STANDARD CLOSING CONDITIONS.
- SALE PRICE FOR THIS ASSET REPRESENTS A PREMIUM TO LAST APPRAISED VALUE.
- GERA ARCADEN IS AN 38,300 SQM SHOPPING CENTRE, INCLUDING OFFICES, LOCATED IN CITY CENTRE OF GERA.
News: URW Property company Unibail-Rodamco-Westfield to sell Gera Arcaden in Germany for €116 Mn
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Last
$7.92 |
Change
0.030(0.38%) |
Mkt cap ! $606.0M | |||
| Open | High | Low | Value | Volume |
| $7.90 | $7.93 | $7.88 | $1.971M | 249.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 15083 | $7.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.92 | 9928 | 15 |
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| URW (ASX) Chart |