Brief: URW To Sell 80% Stake In Trinity Office Tower To Norges Bank Investment Management

Unibail-Rodamco-Westfield SE

20/12/2024 17:05

Dec 20 (Reuters) - Unibail-Rodamco-Westfield SE
 URW.PA :
    * URW SELLS 80% STAKE IN TRINITY OFFICE TOWER TO NORGES BANK
INVESTMENT MANAGEMENT
    * IMPLIED OFFER PRICE FOR ASSET IS C. EUR 0.45 BN (AT 100%),
LEADING TO A NET DEBT REDUCTION OF C. -EUR 0.35 BN.
    * TRANSACTION IS SUBJECT TO STANDARD CONDITIONS AND IS
EXPECTED TO
BE COMPLETED DURING Q1-2025

Further company coverage:  URW.PA 

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