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 (...)
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 (...)
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 (...)
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 (...)
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 (...)
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 (...)
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 (...)
"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 (...)
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 (...)
The major American pension funds "The California Public Employees' Retirement System" (CalPERS) and the State Board of Administration of Florida (Florida SBA), have announced (...)
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 (...)
The Refocus consortium of European investors, which now holds a combined 5% stake in Unibail-Rodamco-Westfield (URW), is welcoming the recommendations from Institutional Shareholder Services (...)
Unibail-Rodamco-Westfield's Reset recovery recevied the support of independent advisory firms Glass Lewis and Institutional Shareholder Services Inc. (ISS), which recommended that URW shareholders vote for the €3.5bn capital increase submitted for approval (...)
Unibail-Rodamco-Westfield (URW) has announced that Proxinvest, an independent consulting firm, has recommended that URW's shareholders vote "FOR" the €3.5bn capital increase submitted for approval at (...)
The Refocus consortium, made up of European investors and led by Léon Bressler and Xavier Niel, is reacting to the latest position taken by (...)
The consortium of investors in Unibail-Rodamco-Westfield, led by Léon Bressler of Aermont Capital and Xavier Niel of NJJ Holding, has declared to the AMF (Autorité (...)
Business Immo: Why do you propose a counter-strategy for Unibail-Rodamco-Westfield (URW)? Léon Bressler: First of all, let me say that it is not a counter-strategy. (...)
Unibail-Rodamco-Westfield’s supervisory board reiterated its unanimous support and commitment to the Reset plan presented on September 16, stating it is “the only credible response (...)
"Bravo to Léon Bressler and Xavier Niel (...). "In one tweet, Guillaume Poitrinal - former head of the real estate company listed on the (...)
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 (...)