Business Immo, the real estate website

SIMON PROPERTY GROUP

Listed 10/11/2020

URW: "We have to get out of this panic-mode to enter the era of rational decisions" (Bressler/Niel)

The Refocus consortium ­— owning 5% in Unibail-Rodamco-Westfield SE ("URW"), won a victory today. After weeks of media battle, shareholders rejected the €3.5bn capital (...)

Listed 16/10/2020

"Léon Bressler's 'Refocus' plan is heading in the right direction"

Business Immo: Léon Bressler and Xavier Niel strongly criticised the Reset plan announced by Unibail-Rodamco-Westfield. What is your reading of the situation? Benoît Faure-Jarrosson: The (...)

Finance 30/09/2019

Allianz doubles debt facility for McArthurGlen/Simon in Austria to €185m

Allianz Real Estate has doubled its debt financing for McArthurGlen Designer Outlet Parndorfin Austria to €185m for owners McArthurGlen and US-based Simon Property. The new financing adds €93m to the (...)

Retail 11/09/2018

Austrian Signa, Canada's Hudson's Bay unite Kaufhof, Karstadt in new retail group

Austria's Signa group has confirmed that German department stores Kaufhof and Karstadt are to be merged in a giant new retail company with Canada's (...)

Retail 03/07/2018

South African listed NEPI Rockcastle adds Slovakia mall for €122m

South African listed NEPI Rockcastle, which specialises in central European retail property, has acquired the Galeria Mlyny shopping centre in the Slovakian city of Nitra (...)

Retail 08/06/2018

Renamed Unibail-Rodamco-Westfield starts with €13bn project pipeline

Giant French-Dutch shopping centre REIT Unibail Rodamco is to be renamed Unibail-Rodamco-Westfield following closure of its acquisition of the Australian group, and said it moves into (...)