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URW: finalises sale of Majunga Tower

(CercleFinance.com) - The commercial real estate group Unibail-Rodamnco-Westfield (URW) announced on Thursday that it has finalised the sale of the Majunga Tower, at La Defense business district next to Paris, for a net selling price of 850 million euros.


This sale follows the agreement reached last April with a consortium of institutional buyers led by the South Korean company Mirae Asset Daewoo and Amundi Real Estate.

URW is now halfway through its strategic disposal plan of six billion euros, with 3.1 billion euros having already been completed since December 2017, Oddo BHF pointed out.


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