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URW increases its stake in a JV

The Group acquired a 38.9% stake in URW Germany GmbH from its partner CPP Investments.
The acquisition was financed by the issue of 3.254 million new URW shares (VideoFlow / Adobe Stock).
The acquisition was financed by the issue of 3.254 million new URW shares (VideoFlow / Adobe Stock).
Business Immo
December 4, 2024 | 8:05 P.M.

Translated from French.

In a press release, Unibail-Rodamco-Westfield announced that it had acquired a 38.9% stake in URW Germany GmbH and related entities from its joint venture partner CPP Investments for 3.254 million URW stapled shares.

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