Westfield Montgomery Mall Owner Sees Value Slashed But Secures Loan Extension

Unibail-Rodamco-Westfield received a two-year extension and agreed to pay down $16M of its $350M loan in August after it was transferred to special servicing.

URW’s UK Malls Outperform Mainland Europe

Across the group, Unibail-Rodamco-Westfield's 2024 net rental income was up 5.8%, led by 8.7% in the UK, 6% in Europe and 4% in the U.S.

Westfield Targets More Geographies After Cenomi Centers Franchise Deal

Unibail-Rodamco-Westfield wants to sign more franchise deals following its agreement with Cenomi Centers as it expands geographies through partner developers.

URW Buying Out Remaining 50% Stake Of San Diego's Westfield UTC For $705M

The transaction by Unibail-Rodamco-Westfield is expected to close by the end of the year.

Westfield Taps Verishop To Bring Digital Stores To Its Physical Malls

Online retailers opening stores at Unibail-Rodamco-Westfield properties.

War Breaks Out Over Strategy At World’s Second Biggest Retail Owner

Former boss Bressler takes an activist stance at Unibail-Rodamco-Westfield.

Mall Giant Looks To Sell $13.2B Portfolio In Exit From U.S. Retail

Mall giant Unibail-Rodamco-Westfield plans to sell its U.S. properties, likely at a loss.

Westfield’s $300M PropTech Spinoff Wants To Give Physical Retail More Power And Data Than Amazon

Westfield's $300M PropTech spinoff has massive ambitions.

'They Were Dark Days Indeed. But Hope Was Always Kept Alive.'Frank Lowy’s Journey From War-Torn Europe To Westfield’s $16B Sale

Westfield chairman Frank Lowy started life in war-torn Europe and built a $25B company.

Gap Hauls Westfield To Court Over Mall Expenses

The retailer said Westfield improperly excluded certain areas of its malls when making the calculation of gross leasable area.