Portugal 
Spain 
Greece 
Unibail-Rodamco-Westfield, the new shopping centre multinational
11 June, Fashion Network
“We’re excited to write together a new chapter of our story. The group is now in the ideal position to generate additional value and develop projects internationally”, commented Christophe Cuvillier, Ceo of the group.
Unibail-Rodamco-Westfield has a portfolio valued 62 billion euro. Its business is 88% focused on retail, 7% on offices and 6% in conference and exhibition organisation.
With approximately 3,700 professionals, the newly-born company owns and manages 102 shopping centres in 13 countries and two continents, receiving about 1.2 billion visitors every year. Moreover, the group has the biggest development plan in the industry with a value of 13 billion euro.
In Italy, Westfield is known for the project Westfield Milano, the joint venture between Westfield Corp and Stilo Immobiliare Finanziaria, operating through Arcus Real Estate. The shopping centre is scheduled to open by the second part of 2021, and it will develop over a total surface of 185,000 Sq m near the Milan Linate airport, east of the city.
Source: Fashion Network
Translator: Cristina Ambrosi