UNIBAIL acquires JLSI - Unibail

UNIBAIL acquires JLSI
On June 30, 2004 Unibail acquired 100% of the shares of Jean-Louis Solal
Investissement (JLSI).
JLSI was founded in 1973 by Jean-Louis Solal, pioneer in the creation of the French
shopping centre model. Aside from its activity of designing shopping centres in
conjunction with leading international developers, JLSI owns stakes in eleven different
shopping centres throughout France.
This acquisition fits in with Unibail's development strategy. Thanks to this transaction,
Unibail increases its stakes in three shopping centres: BAB 2, Saint-Genis 2 and Ulis 2,
and takes interests in eight others, two of which are supra-regional centres: Lyon PartDieu and Evry 2.
Contact : Fabrice Mouchel +33 (0)1 53 43 73 03
www.unibail.com
DETAILS OF THE ACQUISITION
Total GLA area
Total GLA area
of the centre (m²)
acquired by Unibail (m²)
Description
Paris Region
Evry 2
93,000
3,767
Supra-regional shopping centre in the heart of Evry, Southeast of Paris
Carrefour, Galeries Lafayette, about ten MUS, 240 shops and a cinema complex
Ulis 2
*
47,000
1,780
Massy -X%
23,000
2,659
Bobigny 2
27,000
1,495
Grigny 2
10,700
1,581
Boissy 2
23,000
705
Regional shopping centre, Southwest of Paris
Carrefour, 110 shops, and 4 cinemas
Factory outlet, South of Paris
65 shops
In the heart of Bobigny, Northeast of Paris
ATAC, plus 65 shops
Shopping gallery, South of Paris
Leclerc, plus 20 shops
Shopping gallery, Southeast of Paris
Géant, plus 30 shops
Provinces
La Part-Dieu (Lyons)
106,000
3,612
Supra-regional shopping centre in the centre of Lyons
Carrefour, Galeries Lafayette, about ten MUS, 230 shops and a 14-screen UGC cinema complex
Saint-Genis 2
* (Lyons)
29,000
612
Boisseuil (Limoges)
21,000
653
Pau Lescar (Pau)
17,000
560
Regional shopping centre, Southeast of Lyons
Auchan, BHV, and 65 shops
Leading hypermarket in the Limoges area
Carrefour, plus 42 shops
Shopping gallery
Carrefour, plus 48 shops
BAB 2 * (Bayonne/Anglet)
37,000
10% stake in the company owning the
Regional shopping centre in the French Basque Country
the shop units, 90% of which was
Carrefour, plus 80 shops
already owned by Unibail
TOTAL
* Shopping centres in which Unibail already had interests
17,424 m²