On January 6, 2025, Unibail Rodamco Westfield (71 malls, 9M 2024 sales: €2.84 billion up 2%) announced the sale of a 15% stake in the Paris-based Forum des Halles mall (77,600 sq.m) to CDC Investissement Immobilier (100% subsidiary of Caisse des Dépôt, €10 billion in assets) for €235 million. This completes the €1.5 billion worth of transactions, either finalised or secured, since the beginning of 2024, in order to reduce a proportional net debt. This summer, the Group finalised the sale of the German Pasing Arcaden mall (46,300 sq.m in Munich for €338 million), the U.S. Annapolis mall (73,7000 sq.m in Washington for US$160 million), the French La Valentine mall (9,800 sq.m in Marseilles) and office assets in Paris: Gaîté Montparnasse and, at the end of December, 80% of the stake in the Trinity office tower in La Defense area.
