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Unibail-Rodamco-Westfield

Career 17/02/2021

David Morisi and Geoffroy de Sainte Marie join Colonies

French coliving operator Colonies has announced two new appointments. David Morisi becomes Chief Financial Officer (CFO) and Geoffroy de Sainte Marie Director of Development (...)

Retail 16/02/2021

The French retail investment market remained active in 2020 — JLL

Like the investment market as a whole, the retail investment market recovered sharply at the end of the year, with almost €1.4bn committed in (...)

Listed 11/02/2021

Debt, disposals, suspended dividend...: how URW will cope with the crisis

Exhausting: this is the most appropriate adjective to sum up the year 2020 at Unibail-Rodamco-Westfield (URW). In addition to the health crisis that is (...)

Office 11/02/2021

URW will not move its headquarters to the Trinity tower in Paris La Défense

For several weeks now, there had already been rumours throughout Paris... The new management of Unibail-Rodamco-Westfield (URW) would not be moving its headquarters to (...)

Retail 10/02/2021

Retail space openings in French malls fall by -49% in 2020 — C&W

As 2020 ended against a backdrop of recession (-9% for the GDP), a decline conditioned by the consequences of the Covid-19 on the country's (...)

Career 08/01/2021

URW: Jean-Marie Tritant unveils a new organisation

Jean-Marie Tritant has just taken over as CEO of Unibail-Rodamco-Westfield, but he is already making his mark by reorganising the management of the listed property (...)

Retail 06/01/2021

Wereldhave sells several centres in France and The Netherlands

Dutch REIT/SIIC Wereldhave has sold its shopping centres Emiclaer in Amersfoort (Netherlands) and Les Passages Mériadeck, in Bordeaux (France). The total gross amount of (...)

Office 21/12/2020

URW to sell the Village 3, 4, and 6 office buildings in La Défense for €213m

Unibail-Rodamco-Westfield entered into separate agreements, throughout December, with several French institutional investors for the sale of the Village 3, 4 and Village 6 office (...)

Career 10/12/2020

URW appoints Fabrice Mouchel as Group CFO

Following recommendation from Jean-Marie Tritant, current Group Chief Operating Officer and future Group CEO starting January 1, 2021, the Supervisory Board of Unibail-Rodamco-Westfield (URW) has (...)

Listed 26/11/2020

Unibail-Rodamco-Westfield announces €2bn bond placement

URW has successfully priced a €2bn two-tranche senior bond offering to strengthen its liquidity position and extend the group’s debt maturity: €1bn bond with (...)

Career 18/11/2020

Jean-Marie Tritant to succeed Christophe Cuvillier as CEO of Unibail-Rodamco-Westfield

The Supervisory Board of Unibail-Rodamco-Westfield SE (URW) has appointed Jean-Marie Tritant as Chairman of the Management Board of URW and Group CEO. He will (...)

Listed 17/11/2020

URW: the stock market welcomes Bressler and Niel's takeover

Following the takeover of the Léon Bressler/Xavier Niel consortium at URW, would the listed REIT/SIIC sign its "remontada" on the Paris stock exchange? Reading (...)

Career 16/11/2020

URW: Colin Dyer resigns as Chairman of the Supervisory Board, Léon Bressler succeeds him

The Supervisory Board of Unibail-Rodamco-Westfield (URW) met on Friday, in the presence of the three new directors elected at the Group's Combined General Meeting (...)

Listed 12/11/2020

S&P downgrades URW’s credit rating to 'BBB+', outlook negative

Following Unibail-Rodamco-Westfield (URW) shareholders" rejection of a proposed €3.5bn capital increase, which was a main component of its €9bn RESET strategic plan to decrease (...)

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 10/11/2020

Even without a capital increase, URW intends to pursue its Reset recovery plan

Because it was not supported by a qualified majority, being accepted by only 61.62% of the shareholders, the €3.5bn capital increase proposed by Unibail-Rodamco-Westfield (...)

Listed 10/11/2020

URW: shareholders reject the €3.5bn capital increase

"Reset" or "Refocus" ? After a (very) media-heavy battle over the strategy to adopt for the recovery of Unibail-Rodamco-Westfield, waged between the management of the Paris-based REIT/SIIC (...)

Listed 09/11/2020

URW: Refocus gets support from former FSIF president

As the 10 November Extraordinary General Meeting of Unibail-Rodamco-Westfield approaches, in which shareholders will have to choose between two strategies, the group's Reset recovery plan (...)

Listed 04/11/2020

URW: Two American pension funds support the Refocus consortium

The major American pension funds "The California Public Employees' Retirement System" (CalPERS) and the State Board of Administration of Florida (Florida SBA), have announced (...)

Listed 02/11/2020

URW further lowers its forecast ten days before its EGM

Faced with a second lockdown spreading over Europe, Unibail-Rodamco-Westfield (URW) has once again lowered its forecasts, at a time when its Reset plan is (...)