Paris, Amsterdam, 2015-9-1 — /EPR Retail News/ — Further to the announcement made on March 31, 2015, about the entry into an agreement with Charterhouse Capital Partners LLP pursuant to which it offered to acquire Unibail-Rodamco’s 50% stake in Comexposium, and following the satisfaction of the conditions precedent, Unibail-Rodamco announces the closing of the disposal of its stake in Comexposium. Terms of the transaction are as announced in March 2015. The transaction values Comexposium at an enterprise value of €550 Mn1.
¹Excluding minority interest
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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 €35.7 billion as of June 30, 2015. 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 2,085 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