Unibail-Rodamco-Westfield

Unibail-Rodamco-Westfield SE
Company typePublic (Societas Europaea)
ISINFR0013326246
IndustryCommercial real estate
Genre
Founded27 June 2007 (2007-06-27)
Headquarters,
Area served
Key people
Revenue5.4 billion
€1.1 billion
Total assets€56.5 billion (December 2020)
Number of employees
3100 (2021)
Websiteurw.com

Unibail-Rodamco-Westfield SE (previously Unibail-Rodamco SE) is a French 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. The company acquired Australian shopping centre operator Westfield Corporation in June 2018.

As of 2018, Unibail-Rodamco-Westfield is the largest commercial real estate company in Europe,[1] and is a component of the Euro Stoxx 50 stock market index, as well as the French CAC40.[2] Its portfolio consists of retail property, office buildings, and convention centers within Europe and North America.[3] Many of its shopping centres use the Westfield brand launched by Westfield Group in 1960 and shared with Scentre Group for properties in Australia and New Zealand since 2014. Retail properties owned by Unibail-Rodamco before the merger carry the Westfield name.[4] As of July 2022, the group owned 87 shopping centres.[2]

  1. ^ "Europe: Largest Real Estate Companies 2018". Statista. Retrieved November 4, 2018.
  2. ^ a b "The Group at a glance". www.urw.com. Retrieved 2021-06-23.
  3. ^ "The Group At A Glance". Unibail-Rodamco-Westfield. Retrieved November 4, 2018.
  4. ^ Danziger, Pamela (December 19, 2017). "Will Unibail-Rodamco Give Westfield Malls A European Makeover". Forbes. Retrieved November 4, 2018.

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