Westfield hauls Starbucks into court in WTC mall dispute
Westfield executives’ morning coffee run is likely skipping Starbucks after the shopping mall operator filed a federal lawsuit against...
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National
Unibail-Rodamco plans “radical reduction” of regional malls
Unibail-Rodamco-Westfield will look to sell its regional malls in the U.S. as it struggles to recover from the pandemic’s...
National
Unibail-Rodamco-Westfield says its real estate is worth 11% less than last year
Unibail-Rodamco-Westfield saw U.S. rental income tumble 39 percent year-over-year in the third quarter, the company disclosed Sunday. The retail...
National
Unibail-Rodamco sees 15% decline in US mall rents after offering deferrals
While operations at Unibail-Rodamco-Westfield’s European holdings are returning to normal, the retail giant’s U.S. holdings are contending with different...
The Garden State Plaza is getting a facelift — including resi space
UPDATED, May 1, 2:37 p.m.: One of the most valuable malls in the country is hoping it can entice...
National
National Cheat Sheet: Compass to license its tech, WeWork goes vegetarian … & more
Non-core market real estate firms can now license Compass’ technology Compass has started to offer its technology to other...
Gap sues Westfield for alleged overcharges at more than 2 dozen malls
Gap is dragging its landlord Westfield into court over disputed common charges — a disagreement that could become more common...
Weekend Edition
Here’s who’s buying Australian developer Westfield and what it means for malls
Westfield’s soon-to-be buyer, Unibail-Rodamco, is making moves on American shopping malls. The European retailer owns a $52 billion portfolio...
Westfield makes leadership change at WTC mall following departure of key executive
As Westfield prepares for its $16 billion sale, there’s been a change in leadership at its challenged flagship mall...
Could Unibail’s Westfield deal pressure Simon Property Group to make a big buy?
UPDATED, Dec 22, 9:54 a.m.: Unibail-Rodamco’s $15.7 billion bid to buy Westfield Corp. has the market buzzing about whether or...