Unibail-Rodamco to acquire Simon Ivanhoe's European portfolio

Unibail-Rodamco has entered into an agreement to acquire Simon Ivanhoe for EUR 715 mln. Under the deal, Europe's largest listed real estate company will gain control of a portfolio of shares in seven shopping centres in France and Poland. Simon Ivanhoe is the jointly held European subsidiary of the Simon Property Group and Ivanhoe Cambridge.

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