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Unibail-Rodamco-Westfield SE (previously Unibail-Rodamco SE) is a European multinational commercial real estate company headquartered in Paris, France.Its history originates with the formation of two separate shopping centre operators, Unibail (founded in France in 1968) and Rodamco Europe (founded in the Netherlands in 1999), which merged in 2007 and became a societas Europaea in 2009.
In December 2017, the Westfield Board announced that it was recommending a takeover of the company by Unibail-Rodamco, one of the largest real estate companies in Europe, for a reported $24.8 billion USD. The takeover was completed, and the parent company was renamed Unibail-Rodamco-Westfield, in June 2018 [3] [4]. [citation needed]
In December 2020, Unibail-Rodamco-Westfield surrendered the mall to their lenders, [2] and it was reverted to its previous name. [3] Elev8 Fun, a family entertainment complex, opened in the former Sears space in May of 2023. [4] In June of 2023, the Regal Cinemas theater shut down.
Unibail-Rodamco-Westfield, Europe's biggest property owner, hit back saying its board of directors strongly disagreed with the proposals from the Niel-led consortium. Niel, founder of French ...
The malls' French owner, Unibail-Rodamco-Westfield, plans to focus on Europe after unloading its U.S. collection of properties. Westfield malls go up for sale as U.S. shoppers find other places to buy
PARIS — Unibail-Rodamco-Westfield expects to begin selling its major U.S. properties from 2022, once investment appetite returns, the mall operator said Wednesday. “We are assessing all ...
It has been the property of current owner Unibail-Rodamco (today Unibail-Rodamco-Westfield) since 1998. [6] The enterprise was set in motion to capitalize on a project to extend the A10 autoroute right into Montparnasse, although that was called off by Paris mayor Jacques Chirac in 1977 after protests from local residents.
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