Unibail-Rodamco-Westfield (URW) has completed the sale of Westfield Trumbull and Westfield South Shore to a commercial real estate investment firm for a combined gross sale price of $196 Million.

This transaction is part of URW's planned radical reduction of its financial exposure to the US, with total proceeds to date from the plan reaching $1.3 Billion.

Both assets are B+-rated properties and are 87% and 89% leased respectively.

URW is a real estate owner, developer and operator based in Europe and the United States and works on urban regeneration projects.