Business Immo, the real estate website

Unibail-Rodamco-Westfield

Retail 04/04/2022

Unibail-Rodamco-Westfield to sell Gera Arcaden for €116m

Unibail-Rodamco-Westfield (URW) has announced an agreement with an institutional investor for the sale of German shoping centre Gera Arcaden, located in Gera, south of Leipzig, for an agreed (...)

Listed 30/03/2022

Unibail-Rodamco-Westfield wants to turn the American page by 2024

Unibail-Rodamco-Westfield is accelerating its exit from the United States and intends to refocus solely on Europe by 2024. Its chairman of the management board, (...)

Retail 24/03/2022

Greater Geneva catches the eye of retail investors

The starting signal has been given. After years marked by appeals and questions linked to the health crisis, the shopping centre projects opposite Geneva (...)

Hospitality 22/02/2022

Xavier Niel puts €200m on the table to buy the Lambert Hotel in Paris

Xavier Niel has set his sights on the Hôtel Lambert, located on the Île Saint-Louis in the 4th arrondissement of Paris. He is said (...)

Retail 10/02/2022

URW sells 45% of €1bn stake in Westfield Carré Sénart shopping centre

Paris-based REIT/SIIC Unibail-Rodamco-Westfield has announced an agreement with insurance groups Societe Generale Assurances and BNP Paribas Cardif to sell a 45% stake in the Westfield Carré Sénart shopping (...)

Retail 03/02/2022

Carré Sénart and O'Parinor shopping centres could change hands

These are two of the largest shopping centres in the Paris region. The first is owned by Unibail-Rodamco-Westfield, which is engaged in a major (...)

Career 18/01/2022

Christophe Cuvillier takes over as Chairman of the Board of Directors of the SMCP Group

Christophe Cuvillier, the former CEO of Unibail-Rodamco-Westfield, has just been appointed Chairman of the Board of Directors of the SMCP Group. "I am very honoured (...)

Career 06/01/2022

URW appoints Christi Karandikar as Group People Officer

Unibail-Rodamco-Westfield (URW) today announced the appointment of Christi Karandikar to the role of Executive Managing Director, Group People Officer and member of the Executive Committee.  Karandikar brings a wealth of international experience to (...)

Listed 06/01/2022

The pandemic has not affected the SIICs' transparency in their financial communication (KPMG/FSIF)

KPMG and the  French listed property federation FSIF (Fédération des sociétés immobilières et foncières) have just published their traditional study on the financial communication of (...)

Retail 20/12/2021

URW to sell Solna Centrum in Stockholm for €272m

Unibail-Rodamco-Westfield (URW) today announced an agreement for the sale of Solna Centrum, in Stockholm, for an agreed total acquisition cost of SEK2.8bn (c. €272m), which represents a premium to the (...)

Office 23/11/2021

La Défense: URW welcomes Sopra Steria in the Trinity Tower

Unibail-Rodamco-Westfield (URW) is bending but not breaking. Shaken by the health crisis, the real estate company has embarked on a strategy of debt reduction (...)

Office 02/11/2021

URW partners with AXA IM Alts to develop Paris 15th's Triangle Tower project

Unibail-Rodamco-Westfield (URW) announced today the signing of a co-investment partnership with AXA IM Alts, a global leader in alternative investments acting on behalf of clients, for the (...)

Listed 28/10/2021

URW continues its deleveraging strategy and signs a lease in Trinity

As part of its Q3 2021* results presentation, Unibail-Rodamco-Westfield (URW) announced that it is continuing its deleveraging strategy. At the same time, the property (...)

Listed 30/07/2021

URW: deleveraging as a guiding principle

More than ever, Unibail-Rodamco-Westfield (URW) remains committed to its goal of reducing its debt, whether through disposals, by reducing its investments or by suspending (...)

Office 29/07/2021

URW to sell its Paris headquarters for €249m to French institutional investor

The headquarters of Unibail-Rodamco-Westfield (URW) had been on the market since the beginning of the year with the code name "ADN" for the sale. (...)

Retail 08/07/2021

Unibail-Rodamco-Westfield renames La Part-Dieu centre in Lyon

Unibail-Rodamco-Westfield (URW) has announced that six additional assets in four European markets will be rebranded as "Westfield destinations" in September: La Part-Dieu in Lyon, (...)

Finance 06/07/2021

French CRE investment in decline... temporarily?

Knight Frank reports on the French corporate investment market at the end of the second quarter of 2021. While the end of the crisis (...)

Office 02/07/2021

Welkin & Meraki chooses the Trinity Tower in La Défense

Welkin & Meraki and Unibail-Rodamco-Westfield (URW) have announced that they have signed a lease for almost 3,500 sqm in the Trinity Tower in La (...)

Career 15/06/2021

URW appoints Caroline Puechoultres as Chief Customer Officer

Unibail-Rodamco-Westfield (URW) has announced the appointment of Caroline Puechoultres as Chief Customer Officer, effective 15 July. The appointment is part of URW's overall strategy (...)

Listed 18/05/2021

Unibail-Rodamco-Westfield announces €1.25bn bond placement

Paris-based global REIT/SIIC Unibail-Rodamco-Westfield has successfully priced a €1.25bn two-tranche senior bond offering, aiming to strenghten its liquidity position and extending the group’s debt maturity. The (...)