Tag : Westfield
Westfield sold for $25bnSubscription
Westfield Corporation, the owner of shopping centre group Westfield, has been sold to French property organisation Unibail-Rodamco in a $25bn (£18.7bn) deal.
Westfield shareholders have approved a £18.5bn takeover deal for acquisition of the company by Unibail-Rodamco, as its chairman departs.
Westfield scales back developmentSubscription
Shopping centre owner Unibail-Rodamco-Westfield (URW) has scaled back its development pipeline and increased its disposal programme as net retail income fell across its UK centres last year.
Westfield reports Easter footfall surgeSubscription
Westfield has posted significant rises in year-on-year shopper numbers over the Easter bank holiday weekend, boosted by the launch of its £600m extension to its west London branch last week.
Westfield rental incomes jumpSubscription
Developer Unibail-Rodamco-Westfield, owner of the Westfield shopping centres, has reported a 32% rise in global net rental income to €2.16bn (£1.89bn) for the year to 31 December 2018.
Shopping centre owner Westfield is ploughing ahead with expansion across the UK after posting profits of $2.3bn (£1.65bn).
Westfield launches events space Subscription
A new 34,000 sq ft venue and events space is set to open at Westfield London at the end of 2019.
Westfield launches AI-powered omnichanel concept Subscription
Westfield London will launch the UK’s first data-driven “Trending Store” this summer, using artificial intelligence (AI) to stock only what is trending online in the bricks-and-mortar fashion boutique.
Westfield Christmas footfall edges upSubscription
Visitor numbers across Westfield London and Westfield Stratford City shopping centres inched up by 1% to 14.1 million over the festive period, compared with the same point last year.
Weak pound draws Chinese shoppers to WestfieldSubscription
Westfield’s shopping centres have enjoyed a surge in the number of Chinese consumers buying luxury goods following Britain’s decision to leave the European Union, City Am has reported.