NewsBite

Unibail-Rodamco-Westfield

ASX Announcements

Statement of CDIs on issue - URW

Alternation to issued capital

  • Sep 5, 2024
  • 3 pages

Market Sensitive

URW announces the successful placement of a 1.3 Bn euros

Placement

  • Sep 5, 2024
  • 2 pages

Statement of CDIs on issue - URW

Alternation to issued capital

  • Aug 6, 2024
  • 3 pages

H1 2024 Financial Report URW NV

Half Year Audit Review, Half Year Directors' Statement, Half Year Accounts

  • Jul 30, 2024
  • 36 pages

URW NV REPORTS H1-2024 EARNINGS

Company Administration - Other

  • Jul 30, 2024
  • 1 page

View all URW announcements

July

Unibail-Rodamco-Westfield is an official supporter of the Olympic and Paralympic Games, and has created Olympics-related experiences at its shopping centres in Paris. 

Westfield’s Paris shopping centres bid for an Olympic leg-up

Unibail-Rodamco-Westfield, the owner of Westfield malls in Europe, is looking for a spurt of extra visitors and a profit boost for its convention centres.

  • Hans van Leeuwen

October 2023

A brutalist 1960s underpass tears through Croydon, right by the Westfield development site.

Why Unibail is building flats at its Westfield malls

An unloved district of south London could showcase Unibail-Rodamco-Westfield’s reinvention from mall owner to full-spectrum urban redeveloper.

  • Hans van Leeuwen
URW boss Jean-Marie Tritant unveils the green strategy at a press conference in Paris.

Unibail recruits Aussie tech firm to get mall tenants to net zero

The owner of Westfield’s malls in the northern hemisphere has unveiled an ambitious blueprint to save energy and cut emissions.

  • Hans van Leeuwen

September 2023

Westfield in San Francisco is struggling, mirroring the post-pandemic effect gripping the entire city.

Westfield San Francisco mall sued over ‘rampant criminal activity’

A chief concern is that Westfield has stopped maintaining common areas, with “a slow decline in performance” turning to “full neglect”, according to a retailer’s complaint.

  • Updated
  • Aaron Gregg

July 2023

Unibail is selling out of its portfolio in the US.

Unibail offloads San Diego Westfield as US exit quickens

Unibail is steadily offloading its US portfolio of Westfield malls as it grapples with a heavy debt load.

  • Updated
  • Nick Lenaghan
Advertisement

February 2022

A member of Frank Lowy’s extended family is still running the company he founded.

Scentre’s two-year search unearths Frank Lowy’s nephew

Elliott Rusanow’s appointment continues a lengthy tradition at Scentre.

  • Myriam Robin
Unibail-Rodamco-Westfield sees light at the end of the COVID tunnel.

Unibail-Rodamco-Westfield prepares to dismantle Frank Lowy’s US empire

Leases, rents and sales are all on the way up, URW says, as it sees the light at the end of the COVID-19 tunnel.

  • Hans van Leeuwen

July 2021

The UK operations, being the Westfield London mall in Shepherd’s Bush, North London and the mall at Stratford, the East London home of the 2012 London Olympic stadium, were hit the hardest, falling 49.3 per cent due to bankruptcies and store closures.

Vaccine rollout delivers shot in the arm for Unibail-Rodamco-Westfield

The European-US shopping centre giant is ‘cautiously optimistic’ of returning to pre-pandemic levels by next year at least.

  • Hans van Leeuwen

February 2021

Gloomy days at the Westfield UTC mall in San Diego’s La Jolla district.

Westfield freezes dividends as it heads for US exit

The shopping mall giant will likely be a Europe-only player within two years, ditching the American empire it acquired from Westfield in 2017.

  • Hans van Leeuwen

January 2021

Clean-out ... last year's boardroom coup has led to a complete management revamp.

Revolution gathers pace at Unibail-Rodamco-Westfield

After a dramatic boardroom coup last year, the Paris-based shopping mall giant is revamping its corporate structure as it grapples with debt.

  • Hans van Leeuwen

December 2020

Boosted savings from working at home, government assistance and reduced travel have primed households to splurge at Christmas.

What the retail bounce means for 2021

Despite one of the toughest years in decades, Australians are spending big. We outline the risks and opportunities.

  • Lucas Baird
AFR Raphael Lamn and Mark Landau Monday Fundie Wednesday 7th August Photo by Eamon Gallagher

Why this Unibail bull backed the Liberty float

L1 Capital's chief investment officer, Mark Landau, on why he subscribed to the Liberty Financial IPO, and on backing Lovisa's big, bricks-and-mortar store expansion.

  • Luke Housego

ASX falls 0.7pc; Appen plunges 12pc; Fortescue soars as iron ore hits $US150

The sharemarket snapped a seven day winning streak as tech and gold stocks weighed on the index. Appen was smashed after cutting full year earnings guidance. China slapped more duties on Treasury Wine Estates. Fortescue closed at a record high.

  • Updated
  • Robert Guy, Vesna Poljak, Sarah Turner, William McInnes and Luke Housego

November 2020

ASX up for fourth day on bank rally; Regis gets takeover offer

The sharemarket closed up 0.3 per cent after banks stocks rallied on a rebound in the jobs market. BlueScope jumped 5 per cent after lifting first half earnings guidance to $475 million.

  • Updated
  • Robert Guy, Vesna Poljak, Sarah Turner, William McInnes and Luke Housego
Christophe Cuvillier, Unibail's chief executive, will exit after his plan for a massive equity raising was defeated.

Unibail axes CEO after rebels gain board control

Unibail CEO Christophe Cuvillier will exit the top post in the wake of the boardroom coup by an activist group at a shareholder meeting last week.

  • Nick Lenaghan
Advertisement
URW reduced the value of its UK retail properties by €261.6 million.

Unibail CEO teeters on exit after activists seize board control

Rebel ringleader Leon Bressler became chairman after torpedoing Chris Cuvillier's $5.7 billion equity raising, prompting media speculation the CEO will quit.

  • Hans van Leeuwen
Unibail-Rodamco-Westfield

S&P adds to Unibail's woes with rating cut

The downgrade, and 'negative outlook', increases pressure on the French shopping mall operator after a failed equity raising and board expansion.

  • Hans van Leeuwen
Now what? Unibail-Rodamco-Westfield has to go back to the  drawing board.

Rethink for Unibail after raising is rejected

Activist investors get seats on the board as Europe's debt-stricken mall giant grapples with the legacy of buying Westfield.

  • Hans van Leeuwen
Domestically the prospects for a vaccine-accelerated recovery add to other indicators of a firming outlook.

Sharemarket poised to rally into year end

Positive news of a vaccine on top of the US presidential election result has analysts hopeful of a much firmer outlook.

  • Luke Housego
Spending surged in Victoria after the end of lockdowns, lifiting share prices for the shopping centre sector.

Vaccine news a shot in the arm for malls, offices

Shopping mall owners and office landlords bounced on news of a successful vaccine, but logistics giant Goodman, which has surged on the increase in e-commerce, fell back.

  • Nick Lenaghan

Original URL: https://www.afr.com/company/urw-i0k