Unibail-Rodamco SE agrees with Carmila to sell a €931 million shopping center portfolio in France (FR)

Pursuant to the announcement made on July 30, 2014, and after consultation by the Group and Carmila of their respective work-councils, Unibail-Rodamco announces that it has signed a definitive agreement with Carmila to sell six of the Group's shopping centres (BAB 2, Bay 1 and Bay 2, Cité Europe, Labège 2 and Place d'Arc).
Terms of the transaction are as announced in July 2014.
Closing of the transaction is expected before the end of the year 2014 and is subject to customary conditions precedent.   Source: Unibail - Rodamco