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Unibail-Rodamco

Unibail-Rodamco

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Publicatie datum 09 nov 2014 - 18:00
Statutaire naam Unibail-Rodamco
Titel UNIBAIL-RODAMCO SE enters into an agreement with Allianz to dispose of the Nicétoile shopping centre (Nice, France)
Bericht Paris, Amsterdam, November 9, 2014 Press Release Unibail-Rodamco SE enters into an agreement with Allianz to dispose of the Nicétoile shopping centre (Nice, France) Unibail-Rodamco announces that it has entered into an agreement with Allianz to dispose of the Group's stake in the Nicétoile (Nice, France) property complex. The Group's stake is comprised of 15,389 m² GLA of retail, 2,018 m² GLA of offices and 1,852 parking lots. Footfall in the last 12 months totalled 13.1 Mn visits. The total acquisition cost amounts to €312.5 Mn[1], representing a net initial yield[2] of 5.0%.