WHA Wereldhave N.V.

Wereldhave sells shopping center Emiclaer in Amersfoort and Les Passages in Bordeaux

Wereldhave sells shopping center Emiclaer in Amersfoort and Les Passages in Bordeaux

Wereldhave N.V. announces today that it has sold its 19,700 m² shopping center Emiclaer in Amersfoort to Urban Interest and Les Passages Mériadeck in Bordeaux, a 7,350 m² retail area to Vinci. Emiclaer was one of the Dutch assets earmarked for disposal within the LifeCentral strategy. The total gross amount for both transactions represents € 57m and were respectively closed on the 30th and the 29th of December 2020. The two transactions combined were executed at a disposal price close to book value per the end of December 2020.

Reducing financial leverage and preserving liquidity is a key priority for Wereldhave. The proceeds of these transactions will be used to repay debt. These disposals reduce the loan-to-value ratio of Wereldhave by approximately one percentage point, pro-forma Q3 2020.

Attachment



EN
06/01/2021

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Reports on Wereldhave N.V.

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  • Ahmed Ben Salem
  • Bruno Cavalier
  • Steven Boumans
  • Thomas Zlowodzki
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LI KLEPIERRE SA
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NXI NEXITY SA CLASS A
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RMS HERMES INTERNATIONAL SCA
GYC GRAND CITY PROPERTIES SA
MERY MERCIALYS SA
SCR SCOR SE
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INEA FONCIERE INEA
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TUB TUBACEX S.A.
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TEG TAG IMMOBILIEN AG
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COV COVIVIO SA
ORA ORANGE SA
GFC GECINA SA
NXI NEXITY SA CLASS A
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UBS UBM DEVELOPMENT AG
SPSN SWISS PRIME SITE AG
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OUT1V OUTOKUMPU OYJ
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