Unibail-Rodamco, Europe’s largest property firm, is on track to purchase U.S. and U.K. mall operator Westfield Corp. for $16 billion. That big buy is a defensive move designed to help the firm fend off the digital onslaught led by eCommerce operations like Amazon, according to reports from...
September 12, 2023
The owner of the Westfield malls group is reportedly rethinking its plan to exit the U.S. Instead, The Wall Street Journal reported Tuesday (Sept. 12), Paris-based Unibail-Rodamco-Westfield will hold onto some of its best-performing malls, while still getting rid of most of its properties in the U.S. by the year’s end. Chief Executive Jean-Marie Tritant told investors recently that […]
December 12, 2017
Unibail-Rodamco, Europe’s largest property firm, is on track to purchase U.S. and U.K. mall operator Westfield Corp. for $16 billion. That big buy is a defensive move designed to help the...
