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...
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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...
Why the family behind Westfield moved to sell, not hand down empire
The Lowy family that built Westfield Corporation into one of the biggest mall owners across the globe looks like...