Unibail-Rodamco-Westfield Sells Westfield Trumbull and South Shore Purchasing Facilities for 196 Mn  Jobs Reply

Unibail-Rodamco-Westfield Sells Westfield Trumbull and South Shore Purchasing Facilities for $196 Mn. | Jobs Reply

Paris, Amsterdam, January 3, 2023 Press launch Unibail-Rodamco-Westfield Gross sales Westfield Trumbull and South Shore Purchasing Centres for $196 Mr The transaction takes URW’s

whole US earnings to $1.3 Bn1 Unibail-Rodamco-Westfield (“URW”) as we speak introduced that as of Friday, 30 Decemberth2022 has accomplished the sale of Westfield Trumbull

situated in Trumbull, Connecticut and Westfield South Shore situated in Bay Shore, New York actual property funding agency. The whole gross sales worth of those wholly owned

regional belongings at $196 Mn is the same as their market capitalization, and displays a 9.5% preliminary yield on native NOI. Each belongings are rated B+2 properties, with

Trumbull at 125,000 sqm and 85% leased, and South Shore at 94,400 sqm and 89% leased. By means of these transactions, URW has netted a complete of $1.3 Bn thus far from the biggest

deliberate discount of its monetary publicity within the US, together with the beforehand introduced sale of The Village, Westfield Santa Anita, the Promenade improvement parcel,

and the constructing of the Palisade residence. , and the switch of possession of 5 different district buildings. For extra info, please contact: Investor relations Audrey

Arnoux+33 6 61 27 07 39Audrey.Arnoux@urw.com Media Relations UK/Worldwide:Cornelia Schnepf – Finelk+44 7387 108 998Cornelia.Schnepf@finelk.eu United States:Molly Morse – Kekst

CNC+1 212 521 4826Molly.Morse@kekstcnc.com France:Sonia Fellmann – PLEASE +33 6 27 84 91 30Sonia.Fellmann@plead.fr About Unibail-Rodamco-WestfieldUnibail-Rodamco-Westfield is an

proprietor, developer and operator of economic, high-quality belongings in probably the most dynamic cities in Europe and the USA. The Group operates 80 buying facilities in 12

international locations, together with 45 that carry the favored Westfield model. These facilities entice greater than 900 million visits yearly and supply a singular platform for

sellers and types to attach with shoppers. URW additionally has a portfolio of high-quality workplaces, 10 conference and exhibition areas in Paris, and a €3 Bn improvement

pipeline of high-end belongings. Presently, its €55 Bn portfolio is 87% in retail, 6% in workplaces, 5% in assembly and exhibition areas, and a pair of% in providers (as of June

30, 2022). URW is a devoted companion to main cities in city renewal tasks, with each mixed-use developments and constructing renovations to industry-leading sustainability Read More

requirements. These commitments are enhanced by the Group’s Higher Locations 2030 agenda, which strives to make a optimistic environmental, social and financial impression on the Find Out More