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Unibail Sells French Malls For €148M
Unibail-Rodamco has sold two French shopping centers to a consortium of investors.
Unibail-Rodamcohas sold two French shopping centers to a consortium of investors,Reutersreports. The consortium, led byGrosvenor Fund Management, acquired the malls for about €148 million.
The shopping centers, located in Marseille and Chalons en Champagne, are leased toCarrefourhypermarkets. The purchase is part of Grosvenor’s €416 million portfolio acquisition of retail property across France and Sweden.
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