PropertyEU

Unibail-Rodamco buys 7.25% stake in SFL

By A staff reporter 2011-03-03T00:00:00

Franco-Dutch listed property group Unibail-Rodamco has announced the acquisition of a 7.25% stake in Société Foncière Lyonnaise (SFL) from German bank Eurohypo for a total amount of EUR 106.5 mln. The purchase price corresponds to EUR 31.59 per share. The acquisition has been made for investment purposes, Unibail-Rodamco said.

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