Unibail-Rodamco completes sale of the So Ouest Plaza building in Levallois-Perret, France

Paris, France/ Amsterdam, Netherlands, 2017-Oct-04 — /EPR Retail News/ — Further to the agreement (promesse de vente) entered into in February 2017, Unibail-Rodamco announces the completion of the disposal of the So Ouest Plaza building, located in Levallois-Perret, to an institutional investor represented by BNP Paribas Real Estate Investment Services. The Net Disposal Price (NDP)(1) is €473.8 Mn.

Unibail-Rodamco was advised by GINISTY & Associés, and the buyer was advised by Wargny Katz and Clifford Chance.

For further information, please contact:
Investor Relations
Aurélia Baudey-Vignaud
+33 1 76 77 58 02
aurelia.baudey-vignaud@unibail-rodamco.com

Media Relations
Caroline Bruel
+33 1 76 77 57 94
caroline.bruel@unibail-rodamco.com

About Unibail-Rodamco
Created in 1968, Unibail-Rodamco SE is Europe’s largest listed commercial property company, with a presence in 11 EU countries, and a portfolio of assets valued at €42.5 billion as of June 30, 2017. 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 2,008 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 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

1Net Disposal Price (NDP): Total Acquisition Cost incurred by the acquirer minus all transfer taxes and transaction costs

Unibail-Rodamco: the rights of holders of ORNANE bonds will be adjusted as of July 6, 2017

Paris, Amsterdam, 2017-Jul-05 — /EPR Retail News/ — Following the distribution on July 6, 2017 of a final dividend of €5.10 per share, the rights of holders of ORNANE will be adjusted, as of July 6, 2017, as follows:

ORNANE 2012 bonds – [ISIN code: FR0011321330] (Article 4.16.7(a)(11) of the prospectus reviewed by the “Autorité des Marchés Financiers” on September 11, 2012 under number 12-440): the new Conversion Rate is 1.23.

ORNANE 2014 bonds – [ISIN code: FR0011521673] (Article 4.16.7(a)(11) of the prospectus reviewed by the “Autorité des Marchés Financiers” on June 17, 2014 under number 14-296): the new Conversion Rate is 1.11.

In accordance with contractual rules, the new Conversion Rates are calculated on the basis of the Unibail-Rodamco SE volume-weighted average share price over the three trading days preceding the ex-date on Euronext (i.e. on June 29 and 30, and July 3, 2017)

As a reminder, the Conversion Rate of the ORNANE 2015 (ISIN code FR0012658094, prospectus reviewed by the “Autorité des Marchés Financiers” on April 8, 2015 under number 15-144) remains unchanged at 1.00.

About Unibail-Rodamco
Created in 1968, Unibail-Rodamco SE is Europe’s largest listed commercial property company, with a presence in 11 EU countries, and a portfolio of assets valued at €40.5 billion as of December 31, 2016. 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 1,990 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 focus 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 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

For further information, please contact:
Investor Relations:
Aurélia Baudey-Vignaud
+33 1 76 77 58 02
aurelia.baudey-vignaud@unibail-rodamco.com

Media Relations:
Pauline Duclos-Lenoir
+33 1 76 77 57 94
pauline.duclos-lenoir@unibail-rodamco.com

Source: Unibail-Rodamco

Unibail-Rodamco issues two new bonds

Paris, Amsterdam, 2017-May-18 — /EPR Retail News/ — Unibail-Rodamco took advantage of improving market conditions to issue two new bonds:
• A €500 Mn bond with a 12-year maturity and a 1.5% fixed coupon;
• A €500 Mn bond with a 20-year maturity and a 2.0% fixed coupon.

The total demand for these 2 bonds reached €2.7 billion.

The net proceeds from the bonds will be used for general corporate purposes and will further extend Unibail-Rodamco’s debt maturity profile.

Unibail-Rodamco is rated A (stable outlook) by Standard & Poor’s and Fitch Ratings.

About Unibail-Rodamco
Created in 1968, Unibail-Rodamco SE is Europe’s largest listed commercial property company, with a presence in 11 EU countries, and a portfolio of assets valued at €40.5 billion as of December 31, 2016. 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 1,990 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 focus 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 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

For further information, please contact:
Investor Relations:
Aurélia Baudey-Vignaud
+33 1 76 77 58 02
aurelia.baudey-vignaud@unibail-rodamco.com

Media Relations:
Pauline Duclos-Lenoir
+33 1 76 77 57 94
pauline.duclos-lenoir@unibail-rodamco.com

Source: Unibail-Rodamco

Unibail-Rodamco to elect its new Supervisory Board Chairman

Paris, Amsterdam, 2017-Mar-21 — /EPR Retail News/ — The Supervisory Board of Unibail-Rodamco will elect its new Chairman following its Annual General Meeting, in accordance with its succession plan.

Due to the successive mandates as a member of the Supervisory Board, Rob ter Haar will cease his responsibilities as Chairman and member of the Supervisory Board of Unibail-Rodamco at the General Meeting of April 25, 2017.

A Dutch national, Mr ter Haar has been a member of the Supervisory Board of Unibail-Rodamco since 2007, and its Chairman since 2012.

For the same reason, Yves Lyon-Caen, member of the Supervisory Board since 2007, will also leave the Supervisory Board at the General Meeting.

The General Meeting will be invited to approve the appointment of three new members to the Supervisory Board, Colin Dyer, Philippe Collombel and Roderick Munsters, as well as the reappointment of Dagmar Kollmann, each for a 3-year term.

A British and US national, Mr Dyer, 64 years old, was President and CEO of Jones Lang LaSalle Inc. until 2016 and is currently a non-executive Director of this company.

A French national, Mr Collombel, 56 years old, is Co-Managing Partner of Partech Ventures.

A Dutch and Canadian national, Mr Munsters, 53 years old, was until recently Head of Edmond de Rothschild Asset Management.

Following a thorough succession process led by Jean-Louis Laurens, Vice-President of the Supervisory Board, with the Governance, Nomination & Remuneration Committee, the Supervisory Board will formally appoint Mr Dyer as its Chairman following the Annual General Meeting.1

1 Subject to his appointment to the Supervisory Board at this General Meeting.

Christophe Cuvillier, Chairman of the Management Board of Unibail-Rodamco, states: “On behalf of the Group, its Management Board and all its employees, I would like extend my heartfelt thanks to Rob ter Haar for his unwavering support and the relationship of great trust he built up between the Supervisory Board and the Management Board during these past ten years. I am very pleased that the Group will welcome to its Supervisory Board three great professionals with such international profiles and complementary skills. I look forward to working on the development of the Group with Mr Dyer, our future Chairman of the Supervisory Board.”

About Unibail-Rodamco

Created in 1968, Unibail-Rodamco SE is Europe’s largest listed commercial property company, with a presence in 11 EU countries, and a portfolio of assets valued at €40.5 billion as of December 31, 2016. 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 1,990 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 focus 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 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

Investor Relations:

Marine Huet
+33 1 76 77 58 02
marine.huet@unibail-rodamco.com

Media Relations:

Pauline Duclos-Lenoir
+33 1 76 77 57 94
pauline.duclos-lenoir@unibail-rodamco.com

Source: Unibail-Rodamco

Unibail-Rodamco announces that José Luis Duran to resign as Supervisory Board member

Paris, Amsterdam, 2016-Oct-06 — /EPR Retail News/ — In order to pursue new professional opportunities, José Luis Duran has informed Unibail-Rodamco of his decision to resign as Supervisory Board member effective October 4, 2016.

Mr Duran has been a member of the Supervisory Board of Unibail-Rodamco since April 27, 2011.

“I have had the pleasure and the privilege to work alongside talented professionals during my time as a Non-Executive Director and have enjoyed contributing to the success of the Company,” states Mr Duran.

Rob ter Haar, Chairman of the Supervisory Board of Unibail-Rodamco, continued, “José Luis has been a strong and committed member of the Supervisory Board. I would like to thank him personally for his valued support and wish him the best of luck in his future pursuits.”

As part of the Supervisory Board ongoing succession planning, a candidate for Mr Duran’s seat will be proposed at the 2017 Annual General Meeting.

About Unibail-Rodamco

Created in 1968, Unibail-Rodamco SE is Europe’s largest listed commercial property company, with a presence in 11 EU countries, and a portfolio of assets valued at €39.3 billion as of June 30, 2016. 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 1,985 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 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

For further information, please contact:

Investor Relations:
Zeineb Slimane
+33 1 76 77 57 22
zeineb.slimane@unibail-rodamco.com

Marine Huet
+33 1 76 77 58 02
marine.huet@unibail-rodamco.com

Media Relations:
Pauline Duclos-Lenoir
+33 1 76 77 57 94
pauline.duclos-lenoir@unibail-rodamco.com

Source: Unibail-Rodamco

Unibail-Rodamco aims to reduce by -50% its carbon emissions by 2030

Paris, Amsterdam, 2016-Sep-24 — /EPR Retail News/ — As early as 2007, Unibail-Rodamco, the leading listed real estate company in Europe, devised an ambitious CSR strategy based on environmental best practices, social fairness and transparent governance. In 2016, Unibail-Rodamco was selected as “Green Star” for the fifth year in a row by the GRESB Survey (Global Real Estate Sustainability Benchmark – the only sustainability benchmark dedicated to the real estate sector). In 2015, the Group had been named “Global sector leader”, achieving the best score worldwide within the retail sector.

The signature of the Paris Agreement to fight climate change, on December 12 by 195 countries in the framework of COP21, brought the world into a new era. Christophe Cuvillier, Chairman of the Management Board of Unibail-Rodamco, decided that the Group would take up a new longterm challenge, with a set of objectives to be achieved by 2030: “Better Places 2030”. The Group aims to reduce by -50% its carbon emissions by 20301 .

This strategy will be incorporated into the entire value chain with, for the first time, a wide spectrum of initiatives covering the emissions resulting from the activities of the Group and its stakeholders. In doing so, it becomes the first listed real estate company to address the very wide scope of indirect emissions resulting from construction works, consumption of energy by tenants and transport used by all users of its sites (employees and visitors).

“Better Places 2030” addresses the main challenges facing commercial real estate for the next 15 years: moving toward a low-carbon economy, anticipating new modes of sustainable mobility and fully integrating the Group’s business activities with the local communities.

This global approach revolves around 4 pillars on the theme of “less is better”:

1. “Less carbon emissions, better buildings” The Group’s objective is to reduce by -50% the carbon footprint of all its buildings by: – Reducing by -35% the carbon footprint from the construction of new development projects, through a sober building approach applied from conception and the use of low-carbon materials. – Reducing by -70% the carbon footprint from the operation of existing assets, through the systematic use of 100% LED lighting solutions and green electricity.

2. “Less polluting transport, better connectivity” Connecting 100% of our shopping centres to sustainable modes of transport. The Group’s strategy aims at reducing by -50% its carbon footprint due to visitors and employees transportation. Unibail-Rodamco sets itself a challenging target that, by 2030, at least 75% of all visitors come to its centres by a sustainable means of transport. The Group will also reduce the footprint due to retailer logistics by offering a set of pooled logistical solutions for tenant deliveries.

3. “Less local unemployment, better communities” 100% of our shopping centres committed to supporting local employment and economic development. Unibail-Rodamco builds long-term partnerships with institutional bodies, economic players and nonprofit organizations involved in the regions the Group operates. Launched in 2015, the UR for Jobs initiative aims at training and supporting the recruitment of low skilled youth by retailers and service providers in our shopping centres. The programme will be rolled out to all European shopping centres of the Group welcoming annually 6 million visits and above. The ultimate goal is to help hire at least 1,000 young people per year.

4. “Less top-down, better collective power” 100% of our workforce committed to sustainable development. A CSR strategy is fully effective only if supported by all employees and stakeholders. Thus, the members of the Management Board, the Group Management Team and Country Management Teams will have both individual and collective goals related to the “Better Places 2030” strategy as of 2017. These goals will be extended to all Groups employees by 2018. Furthermore, specific partnerships will be initiated with retailers, construction and energy companies to enhance the implementation of this strategy, such as the agreements signed today with Sephora and Engie.

About Unibail-Rodamco

Created in 1968, Unibail-Rodamco SE is Europe’s largest listed commercial property company, with a presence in 11 EU countries, and a portfolio of assets valued at €39.3 billion as of June 30, 2016. 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 1,985 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 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

For further information, please contact:
Investor Relations:
Zeineb Slimane
+33 1 76 77 57 22
zeineb.slimane@unibail-rodamco.com

Marine Huet
+33 1 76 77 58 02
marine.huet@unibail-rodamco.com

Media Relations:
Pauline Duclos-Lenoir
+33 1 76 77 57 94
pauline.duclos-lenoir@unibail-rodamco.com

Source: Unibail-Rodamco

Unibail-Rodamco’s €1.0 billion of bonds issuance attracted more than €5 billion of demand in less than 2 hours

Paris, Amsterdam, 2016-Apr-22 — /EPR Retail News/ — Unibail-Rodamco has successfully placed two bonds of which:

  • A €500 Mn bond with an 11-year maturity and a 1.125% coupon;
  • A €500 Mn bond with a 20-year maturity, the longest maturity ever for a real estate company in the Euro market, and a coupon of 2.0%.

These issuances attracted more than €5 billion of demand in less than 2 hours.

The Group also simultaneously launched a tender offer on 8 of its existing bonds maturing in June 2017, December 2017, August 2018, October 2018, March 2019, November 2020, February 2021 and June 2023. The tender offer period is expected to end April 26, 2016.

These transactions are part of the proactive management of Unibail-Rodamco’s balance sheet, which aims to extend the average maturity of its debt and optimize its cost of debt.

For further information, please contact:

Investor Relations
Marine Huet
+33 1 76 77 58 02
marine.huet@unibail-rodamco.com

Zeineb Slimane
+33 1 76 77 57 22
zeineb.slimane@unibail-rodamco.com

Antoine Onfray
+33 1 53 43 72 87
antoine.onfray@unibail-rodamco.com

Media Relations
Pauline Duclos-Lenoir
+33 1 76 77 57 94
pauline.duclos-lenoir@unibail-rodamco.com

About Unibail-Rodamco
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 €37.8 billion as of December 31, 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 1,996 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 FitchRatings. For more information, please visit our website: www.unibail-rodamco.com

Unibail-Rodamco placed 10-year €500 million bond maturing in March 2026

Paris, Amsterdam, 2016-Mar-03 — /EPR Retail News/ — Unibail-Rodamco has successfully placed a 10-year bond maturing in March 2026 for a total amount of €500 million.

This bond will offer a fixed coupon of 1.375%. It was more than 6 times oversubscribed, the order book reaching over €3 billion in less than 2 hours.

The net proceeds from the bond will be used for general corporate purposes.

Unibail-Rodamco is rated A (stable outlook) by Standard & Poor’s and FitchRatings.

For further information, please contact:

Investor Relations
Antoine Onfray
+33 1 53 43 72 87
antoine.onfray@unibail-rodamco.com

Marine Huet
+33 1 76 77 58 02
marine.huet@unibail-rodamco.com

Media Relations
Pauline Duclos-Lenoir
+33 1 76 77 57 94
pauline.duclos-lenoir@unibail-rodamco.com

About Unibail-Rodamco
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 €37.8 billion as of December 31, 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 1,995 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 FitchRatings. For more information, please visit our website: www.unibail-rodamco.com

Unibail-Rodamco to sell 2-8 Ancelle office building (Neuilly-sur-Seine, Paris region) for €267 Mn

Paris, Amsterdam, 2015-12-8 — /EPR Retail News/ — Unibail-Rodamco entered into an agreement (promesse de vente) for the sale of the 2-8 Ancelle office building (Neuilly-sur-Seine, Paris region) for a net disposal price of approximately €267 Mn. This transaction is subject to standard conditions precedent and is expected to close in Q1-2016.

2-8 Ancelle is a fully refurbished 17,200 m² office building, let to CMS Bureau Francis Lefebvre for a 12-year firm period. This asset benefits from an excellent location between La Défense and the Central Business District of Paris. It allows an efficient use of space thanks to its flexible floor plates and has been BBC, BREEAM and HQE certified.

For further information, please contact:

Investor Relations
Antoine Onfray
+33 1 53 43 72 87

Marine Huet
+33 1 76 77 57 22

Media Relations
Pauline Duclos-Lenoir
+33 1 76 77 57 94

About Unibail-Rodamco
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 1,980 professionals, Unibail-Rodamco applies those skills to highly specialised market segments such as large shopping centres of 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 FitchRatings. For more information, please visit our website: www.unibail-rodamco.com

SOURCE: Unibail-Rodamco

Unibail-Rodamco completes the disposal of Nova Lund shopping centre in Sweden to TH Real Estate for €176 Mn

Paris, Amsterdam, 2015-10-3 — /EPR Retail News/ — Further to the agreement with TH Real Estate entered into on March 5, 2015, Unibail-Rodamco announces the completion of the disposal of Nova Lund shopping centre (Lund, Sweden). The total acquisition cost(1) amounts to SEK1,635 Mn (€176 Mn) (2) , representing a net initial yield(3) of 5.5% and an average value per m2 of SEK63,155 (€6,791/m²) (2) . Terms of the transaction are as announced in March 2015.

Constructed in 2002, Nova Lund, a 25,889 m2 shopping centre, is located in Lund (20 km northeast of Malmö), in the south of Sweden and attracts between 2-3 million visits per year.

For further information, please contact:
Investor Relations
Julie Coulot
+33 1 76 77 57 22
Media Relations
Pauline Duclos-Lenoir
+33 1 76 77 57 94

About Unibail-Rodamco
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 of 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 FitchRatings.

For more information, please visit our website: www.unibail-rodamco.com

(1) Including transfer taxes and transaction costs.
(2) Using the exchange rate of 1 EUR = 9.3 SEK
(3) Annualised contracted rent including indexation for the next 12 months, net of operating expenses, divided by the asset value.

Unibail-Rodamco to develop alternative project on the site of the Phare Tower in La Défense district (Paris region)

Paris, Amsterdam, 2015-9-11 — /EPR Retail News/ — Unibail-Rodamco announces it has signed an agreement with the EPADESA (The Public Development Authority La Défense Seine Arche) for the development of an alternative project on the site of the Phare Tower in La Défense district (Paris region). A partnership has been entered into between the Group and the EPADESA for the design of an ambitious 95,000 sqm mixed program, with approximately 75,000 sqm of offices and 20,000 sqm dedicated to a hotel offer, including services accessible to the public.

This new project, culminating at 200 meters, represents a total investment cost of circa €630 Mn.

The partnership aims to file a building permit application in H-1 2016. The Phare project is maintained until this new program has obtained all final authorizations.

For more information, please contact
Investor Relations
Julie Coulot
+33 1 76 77 57 22
julie.coulot@unibail-rodamco.com

Media Relations
Pauline Duclos-Lenoir
+33 1 76 77 57 94
pauline.duclos-lenoir@unibail-rodamco.com

About Unibail-Rodamco 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

Unibail-Rodamco closes the disposal of its stake in Comexposium to Charterhouse Capital Partners LLP

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

For further information, please contact:
Investor Relations
Julie Coulot
+33 1 76 77 57 22

Media Relations
Pauline Duclos-Lenoir
+33 1 76 77 57 94

About Unibail-Rodamco
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

Unibail-Rodamco signs agreement with the city of Hamburg for the urban planning and acquisition of land in Überseequartier

Paris, Amsterdam, 2014-12-12 — /EPR Retail News/ — Unibail-Rodamco, Europe’s leading listed commercial property company, has signed an agreement with the city of Hamburg for the urban planning and acquisition of land in Überseequartier. This includes the acquisition of land plots from former owners. The agreement is subject to ratification by the State Parliament of Hamburg. The development project is located approx. 1 km south of the city center of Hamburg, in the heart of the HafenCity area, Europe’s biggest inner city development project (157ha).

In partnership with the City of Hamburg, Unibail-Rodamco will create through mfi AG, its German subsidiary, an exceptional destination in this unique cultural and touristic area on the banks of the Elbe river. The project will include retail, restaurants, a multi-screen cinema, a cruise terminal, offices, housing and a hotel, covering a total of 184,000 square meters¹ of which 50% will be dedicated to leisure and retail. The project will represent an investment of €860 Mn – 100% privately funded. The opening of the retail and entertainment components of the project is targeted for the second half of
2021.

Fully accessible with an existing dedicated metro station and 2,950 new parking places, Überseequartier will offer customers an innovative retail experience with 190 shops, among which many new international premium retailers. Unibail-Rodamco will deploy its latest leading initiatives such as the 4 Star label, iconic shopfronts, “The Designer Gallery”, and the Dining Experience™ (with an exquisite dining plaza overlooking the Elbe river) to create the new standards of shopping. This development will set the benchmark for future retail and leisure environments. The project will also include new generation offices designed by world famous architect Christian de Portzamparc, Pritzker Prize 1994.

The Überseequartier project has a strategic location in the heart of Germany’s second largest city with a growing population, currently at 1.7 million inhabitants. A low unemployment rate (5.4%) and a GDP per capita 64% above the German average make the region of Hamburg one of the wealthiest and most dynamic in Europe.

With 1 Mn inhabitants living in a 20-minute radius, Überseequartier also attracts numerous tourists, including 600,000 cruise passengers in 2014. This figure is expected to exceed 1 Mn beyond 2021.

Furthermore, the number of overnight stays in hotels in the city of Hamburg is expected to grow from 12.1 Mn in 2014 to 18 Mn in 2020.

Christophe Cuvillier, CEO and Chairman of the Management Board of Unibail-Rodamco, said: “Überseequartier project is perfectly in line with Unibail-Rodamco’s strategy, which focuses on largest assets in prime catchment areas in Europe, and its ambition to accelerate its growth and create longterm value in Germany. After the award of the Neo/Mall of Europe project in Brussels earlier this year, the Group is proud to enter into a partnership with the City of Hamburg for the development of HafenCity, Europe’s biggest inner city development project in one of the most dynamic regions of the Continent.”

¹based on a contractual GFA of 228,300 square meters.

 

For further information, please contact:

Investor Relations
Julie Coulot
+33 1 76 77 57 22

Media Relations
Pauline Duclos-Lenoir
+33 1 76 77 57 94

About Unibail-Rodamco
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 €33.6 billion as of June 30, 2014. As an integrated operator, investor and developer, the Group covers the whole of the real estate value creation chain. With the support of its 1,550 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

Wereldhave offers to acquire €850M portfolio of six non-core shopping centres located in France from Unibail-Rodamco

Paris, Amsterdam, 2014-10-20— /EPR Retail News/ — Unibail-Rodamco and Wereldhave have entered today into an agreement pursuant to which Wereldhave offers to acquire a portfolio of six non-core shopping centres located in France, including:

Shopping Centre City/Region Complex

GLA (m²)

 

Unibail-Rodamco

consolidated GLA (m²)

Number of visits

in 2013 (Mn)

 

Rivétoile Strasbourg 28,400 28,400 5.8
Docks 76 Rouen 37,600 37,600 4.0
Saint Sever Rouen 45,400 34,400 9.8
Meriadeck¹-Passages Meriadeck Bordeaux 39,500 32,400 12.7

 

Côté Seine Paris region 28,900 16,200 5.8
Docks Vauban Le Havre 53,500 53,500 5.4

The total consideration² of the proposed transaction amounts to €850 Mn, representing a net initial yield³ of 5.5% and an average value per m² of €4,200/m².

Further to this agreement, Unibail-Rodamco has granted Wereldhave an exclusivity period ending on November 10, 2014, during which Unibail-Rodamco’s work council will be consulted. The signing of the final and binding documentation is expected to occur in November 2014.

Closing of the transaction is expected to occur before year end 2014 and is subject to customary conditions precedent, including regulatory approvals and Wereldhave’s shareholders approval.

“Unibail-Rodamco is pleased to have reached an agreement with Wereldhave, a party which, as a specialist in mid-sized shopping centres, will be able to manage these malls to their full potential. This transaction, part of the disposal programme of retail assets announced in February this year, will allow the Group to continue to sharpen its focus on large regional shopping centres.” Christophe Cuvillier, CEO and Chairman of the Management Board

¹ Meriadeck owned at 61% and fully consolidated (conso. GLA shown at 100%). Passages Meriadeck owned at 100%
² Asset values at 100%, including transfer taxes and transaction costs. Final consideration subject to the establishment of the completion accounts
³ Annualised portfolio contracted rent (including latest indexation and including a one-year rental guarantee) net of expenses, divided by the asset values

For further information, please contact:
Investor Relations
Pierre-Marie Battesti
+33 1 76 77 56 97
Media Relations
Pauline Duclos-Lenoir
+33 1 76 77 57 94

About Unibail-Rodamco
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 €33.6 billion as of June 30, 2014. As an integrated operator, investor and developer, the Group covers the whole of the real estate value creation chain. With the support of its 1,550 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