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Unibail to sell Gera Arcaden in Germany for €116m

Unibail-Rodamco-Westfield (URW) today announces an agreement with the Redos Group for the sale of Gera Arcaden for an agreed total acquisition cost of €116m (at 100%, URW share 51%), which represents a premium to the last appraised value.

Redos buys the Gera Arcaden for the fund Redos Einzelhandel...

Photos: URW