Unibail-Rodamco sells its 7.25% stake in Société Foncière Lyonnaise (FR)

Unibail-Rodamco reported that it has agreed to sell the 7.25% stake it owned in SFL to Qatar Holdings LLC for a total amount of €136.9 million corresponding to €40.6 per share (ex-dividend). The transaction will be settled on May 5.

SFL is listed on the Paris Stock Exchange and operates mainly in the office sector in the Paris Central Business District.

Separate disclosures will be made to the French Financial Market Authority (AMF) and to SFL due to the crossing of legal and statutory shareholder reporting thresholds.

Source: Unibail-Rodamco

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