Paris, Amsterdam, April 29, 2014
Unibail-Rodamco sells its 7.25% stake in Société Foncière Lyonnaise (SFL)
Unibail-Rodamco reports that it has agreed to sell the 7.25% stake it owned in SFL to Qatar Holdings LLC for a total amount of €136.9 Mn corresponding to €40.6 per share (ex-dividend). The transaction will be settled on May 5.
SFL is listed on the Paris Stock Exchange and operates mainly in the office sector in the Paris Central Business District.
Separate disclosures will be made to the French Financial Market Authority (AMF) and to SFL due to the crossing of legal and statutory shareholder reporting thresholds.
For further information, please contact:
+33 1 76 77 56 97
+33 1 76 77 57 94
Created in 1968, Unibail-Rodamco SE is Europe`s largest listed commercial property company, with a presence in 12 EU countries, and a portfolio of assets valued at €32.1 billion as of December 31, 2013. As an integrated operator, investor and developer, the Group aims to cover the whole of the real estate value creation chain. With the support of its 1,500 professionals, Unibail-Rodamco applies those skills to highly specialised market segments such as large shopping centres in major European cities and large offices and convention & exhibition centres in the Paris region.
The Group distinguishes itself through its focus on the highest architectural, city planning and environmental standards. Its long term approach and sustainable vision focuses on the development or redevelopment of outstanding places to shop, work and relax. Its commitment to environmental, economic and social sustainability has been recognised by inclusion in the DJSI (World and Europe), FTSE4Good and STOXX Global ESG Leaders indexes.
The Group is a member of the CAC 40, AEX 25 and EuroSTOXX 50 indices. It benefits from an A rating from Standard & Poor`s and Fitch Ratings.
For more information, please visit our website: www.unibail-rodamco.com
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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: UNIBAIL-RODAMCO SE via GlobeNewswire