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Wereldhave N.V. — M&A Activity 2018
Dec 14, 2018
3898_iss_2018-12-14_88388ce2-5c25-4088-8094-77ba02f23c8e.pdf
M&A Activity
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PRESS RELEASE
Wereldhave successfully completes the sale of shopping centre Itis
Wereldhave has completed the sale of shopping centre Itis as per 14 December 2018. All conditions of the disposal agreement as stated in the press release d.d. 18 October 2018 have been met.
The proceeds of the transaction will be used to strengthen the balance sheet.
Ruud van Maanen Director Investor Relations & Corporate Development [email protected] + 31 (0) 20 702 78 43 / 06 1046 5252
About Wereldhave
Wereldhave invests in dominant convenience shopping centres in larger provincial cities in northwest continental Europe. The area surrounding our centres will include at least 100,000 inhabitants within 10 minutes' travel time from the centre.
We focus on shopping centres that strike a balance between convenience and shopping experience. With easy accessibility, products that cover all the daily shopping needs, a successful mix of international and local retail products and strong food anchor stores, our centres provide convenience shopping to accommodate a busy urban lifestyle as well as an ageing population.
We aim for an experience that goes beyond shopping, with restaurants, kids' playgrounds and high quality amenities in order to attract families - and keep them with us for longer visits.
For more information: www.wereldhave.com