Malls Have Come Back From The Pandemic And The Retail Apocalypse That Never Happened
... seeing a profitable future in physical retail. French mall giant Unibail-Rodamco-Westfield has slowed its much-publicized exit from the ...
May 23, 2024
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London Leads Retail Comeback As Rents Soar At URW’s Westfield Malls
Bisnow spoke to URW Director of UK Operations Jacinta Rowsell to find out how the retail real estate giant intends to build on its success. “In 2023, we signed over 80 new deals, and in the first quarter of 2024, we’ve signed another 23,” Rowsell said. “ ...
May 08, 2024
News
The Financial District Is Once Again On A Quest For A New Identity
... SF of retail has also seen its challenges. Its operator, Unibail-Rodamco-Westfield, is trying to terminate its lease, citing safety ...
May 06, 2024
News
This Week's London Deal Sheet
... appointed with Jaap Tonckens, former group chief financial officer of Unibail-Rodamco-Westfield, as nonexecutive chairman and Peter Williams, Jon Lurie ...
May 02, 2024
News
Westfield Montgomery Mall's $350M Loan Transferred To Special Servicing
... to special servicing this month. It comes four months before Unibail-Rodamco-Westfield’s $350M loan, secured by the vast majority ...
Apr 12, 2024
News
Maybe Westfield Isn't Done With Its American Dream After All
“If you just look at the market in general and the Westfield situation, they have divested certain properties, mostly the ones that weren't performing and where the loan was higher than the value of the center, and they have made some smart decisions,” ...
Mar 06, 2024
News
£445M Of New Debt And A Big-Name Chairman On The Way For Restructured Retail Owner
... debt would be the majority owners of the company. Former Unibail-Rodamco-Westfield Chief Financial Officer Jaap Tonckens has been lined ...
Mar 05, 2024
News
Macy's Planned Closures Put $24B Of CMBS Debt In The Crosshairs
... country's biggest mall owners: Brookfield, Simon Property Group and Unibail-Rodamco-Westfield, according to CoStar. Macy's CEO Tony Spring ...
Mar 05, 2024
News
Westfield Wants To Terminate Retail Lease At Fulton Center, Citing Safety Concerns
... , senior litigation and compliance counsel for Westfield's parent company, Unibail-Rodamco-Westfield, was filed as an exhibit in the lawsuit ...
Feb 16, 2024
News
Record £1B Invested In UK BTR In First Quarter
... in London was accounted for by the new partnership between Unibail-Rodamco-Westfield and a duo of Canadian Institutions, PSP ... 670M scheme adjacent to Westfield’s shopping centre in Stratford. Unibail-Rodamco-Westfield will retain a 25% share and will be ...
Apr 29, 2019
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