Unibail-Rodamco has sold a portfolio of three Swedish shopping centers and a single retail unit to a consortium led by Grosvenor Fund Management.
On April 8, 2011, Unibail-Rodamco sold the portfolio for a total consideration of SEK 2.4 billion (approx. 268 million).
The portfolio, totaling approximately 98,000 m² GLA, comprises the Haninge, Väsby and Bålsta Centrum shopping centers as well as a hypermarket unit let to ICA Maxi located in Helsingborg.
This divestment forms an integral part of the Group's non-core asset disposal program to allow the Group to predominantly concentrate on malls welcoming a very large number of visitors.