UNIBAIL-RODAMCO SE announces a lease agreement with L'Oréal SA in the So Ouest Plaza tower in Levallois-Perret

Paris, Amsterdam, December 17, 2014

                                                                   Press Release


Unibail-Rodamco SE announces a lease agreement with L'Oréal SA in the So Ouest
Plaza tower in Levallois-Perret

Unibail-Rodamco,  Europe's  leading  listed  commercial property company, signed
today  a  long-term  (10  years)  lease  agreement with L'Oréal SA for 12 office
floors  of the So  Ouest Plaza tower  and one floor  dedicated to restaurant for
approximately  30,000 m(2).  In  this  transaction,  L'Oréal  SA  was advised by
Mobilitis,  a corporate real estate consulting firm, and by the law firm of Gide
Loyrette Nouel. Unibail-Rodamco was represented by White & Case.


The  So Ouest Plaza tower  completes the redevelopment of  the So Ouest district
including  the So Ouest  shopping center opened  in 2012 and the  So Ouest tower
delivered  in 2013 which was 100% leased to SAP and PRA. So Ouest Plaza offers a
mixed-use  development project  that will  feature an  office tower, an 8-screen
cinema  and  a  restaurant.  Designed  by  Barthélémy & Grino Architects, it was
certified  HQE "Excellent" and BREEAM  "Excellent". The 41,000 m(2)
complex will
be delivered in H-1 2015 and will comprise approximately 37,000 m(2) of offices.
The  lease with  L'Oreal SA  represents 80% of  the available  office space. The
total investment cost for Unibail-Rodamco is expected to amount to €220 Mn.

The  building  will  feature  Unibail-Rodamco's  « The  New Art of Working » and
highlights  the Group's skillset in terms  of office redevelopment with a strong
focus  on  the  end  user.  L'Oreal  SA  will  enter the premises early in 2016
following completion of a fit-out work program entrusted to Mobilitis.

When  the two office towers  So Ouest and So  Ouest Plaza will be fully occupied
and  the cinema and the  restaurant opened, the Group  expects up to two million
additional visits to the So Ouest shopping district every year.

Bruno  Donjon de  Saint Martin,  Group Director  of Offices for Unibail-Rodamco,
says: "We are thrilled by the agreement signed with L'Oreal SA. This transaction
signed  before  delivery  of  the  building  demonstrates the appeal of So Ouest
Plaza's  positioning which puts the well-being of  employees at the heart of its
design.
After  the letting of  approximately 50% of the  Majunga tower, this new leasing
agreement  illustrates the ability of the Group to meet the stringent demands of
important tenants and its expertise on the Paris region office market".

Investor relations
Julie Coulot
+33 1 76 77 57 22

Media relations
Pauline Duclos-Lenoir
+33 1 76 77 57 94
pauline.duclos-lenoir@unibail-rodamco.com


About Unibail-Rodamco
Created in 1968, Unibail-Rodamco SE is Europe's largest listed commercial
property company, with a presence in 12 EU countries, and a portfolio of assets
valued at €33.6 billion as of June 30, 2014. As an integrated operator, investor
and developer, the Group covers the whole of the real estate value creation
chain. With the support of its 1,550 professionals, Unibail-Rodamco applies
those skills to highly specialized market segments such as large shopping
centers in major European cities and large offices and convention & exhibition
centers in the Paris region.
The Group distinguishes itself through its focus on the highest architectural,
city planning and environmental standards. Its long term approach and
sustainable vision focuses on the development or redevelopment of outstanding
places to shop, work and relax. Its commitment to environmental, economic and
social sustainability has been recognized by inclusion in the DJSI (World and
Europe), FTSE4Good and STOXX Global ESG Leaders indexes.
The Group is a member of the CAC 40, AEX 25 and EuroSTOXX 50 indices. It
benefits from an A rating from Standard & Poor's and Fitch Ratings.
For more information, please visit our website: www.unibail-rodamco.com

UNIBAIL-RODAMCO-lease agreement with L'Oréal-Version ENG: 
http://hugin.info/136618/R/1881412/663638.pdf



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Source: UNIBAIL-RODAMCO SE via GlobeNewswire
[HUG#1881412]