Unibail-Rodamco-Westfield entered into an agreement with Globalworth Poland for the sale of Skylight and Lumen office buildings in Warsaw. The total acquisition cost of €190m represents a premium to the book value as at June 30, 2018. This transaction is subject to standard conditions precedent and is expected to close by year-end.
The Skylight and Lumen office buildings with a GLA of 45,500m² are located in the central business district of Warsaw. The transaction is part of the €3bn European disposal programme to be executed over the next several years announced by Unibail-Rodamco-Westfield on December 12, 2017. More than 62% of this programme has now been agreed or completed since June 30, 2018.