Unibail-Rodamco-Westfield (ASX:URW) disposes of French village office buildings
Unibail-Rodamco-Westfield (ASX:URW) has penned agreements with multiple French institutional investors to sell Parisian Village 3, Village 4 and Village 6 office buildings for €213 million.
The transactions are subject to standard conditions precedent and are expected to close in Q1 2021.
This move is part of the company’s €4 billion disposal program.
Shares in Unibail-Rodamco-Westfield (ASX:URW) closed 3.17 per cent lower to $4.88 yesterday.
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Source: Finance News Network