Unibail-Rodamco-Westfield Disposes of 25% Stake in Czech Shopping Center

MT Newswires Live
01-10

Unibail-Rodamco-Westfield (ASX:URW) sold its 25% stake in the Centrum Cerny Most in Prague, Czech Republic to Upvest and RSJ Investments as part of its deleveraging plan, according to a Friday filing with the Australian bourse.

As part of the deal, the buyers will form a joint venture, allowing them to acquire an additional 24% of the property within the next two years, the filing said.

The property has an implied price of 553 million euros with a green mortgage financing of 268 million euros, per the filing.

The disposal reduces the shopping center operator's net debt by around 100 million euros, the filing added. The deleveraging plan has so far reduced 1.6 billion in debt.

The company's shares were off almost 1% in recent Friday trade.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10