Unibail-Rodamco Westfield disposes of high-street retail asset
Unibail-Rodamco Westfield disposes of high-street retail asset
  Deals  |  Europe  |  Retail

Unibail-Rodamco Westfield disposes of high-street retail asset

The Net Disposal Price of €155 million is in line with the last appraisal value.
RE+D magazine
15.06.2022

Unibail-Rodamco-Westfield to sell Almere Centrum in The Netherlands for €155 million Unibail-Rodamco-Westfield (URW) announces an agreement with a group of private investors led by the UMB Group for the sale of Almere Centrum in The Netherlands.

The Net Disposal Price of €155 million is in line with the last appraisal value. Almere Centrum is an 87,000 sqm high-street retail asset located in the city centre of Almere.

The transaction is expected to complete before the end of July, subject to standard closing conditions. Upon closing, URW will have completed €2.7 billion of its planned €4 billion European disposal programme.