Unibail-Rodamco buys into Austrian retail complex

Unibail-Rodamco has reached agreement with private family trust Hans Dujsik Privatstiftung on the acquisition of 140,400 m[sup]2[/sup] in Shopping City Sud in Vienna, Austria's largest retail and leisure complex. Financial details were not disclosed. The transaction is expected to close n the second quarter of 2008 and will give Unibail-Rodamco a 90% stake in the company holding the property. The remaining 10% will remain in the hands of the Breiteneder family.

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