
Unibail-Rodamco-Westfield
About The Unibail-Rodamco-Westfield
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Unibail-Rodamco-Westfield (URW) is a leading multinational commercial real estate company specializing in the development and management of flagship destinations, including shopping centers, office buildings, and convention and exhibition venues.
With a portfolio valued at €56.3 billion as of December 31, 2020, URW operates across Europe and the United States, offering a diverse range of properties that cater to various consumer and business needs.
Retail Properties
URW's retail portfolio comprises 87 shopping centers, with 53 flagship locations situated in major cities across Europe and the United States.
These centers are designed to provide exceptional and continually evolving experiences for customers, featuring a mix of high-end retailers, dining options, and entertainment facilities.
Notable properties include Westfield London, Westfield Stratford City, and Westfield Century City.
Office Buildings
In addition to retail spaces, URW invests in and develops office buildings with a focus on efficient and sustainable designs.
The company has developed significant office properties in Paris, such as the Ariane Tower in La Défense and the Majunga Tower, contributing to the urban landscape and providing modern work environments.
Convention and Exhibition Venues
URW also owns and operates convention and exhibition venues, including the Paris Expo Porte de Versailles.
These venues enhance its portfolio and offer versatile spaces for events and exhibitions.
Sustainability Initiatives
The company is committed to sustainability through its Better Places 2030 agenda, aiming to create environments that adhere to the highest environmental standards and contribute positively to urban development.
This initiative reflects URW's dedication to responsible development and its role in shaping better cities.
Global Presence
URW's operations span across 12 countries, including the United States, France, the United Kingdom, and several others in Europe.
The company's diverse portfolio and international presence underscore its position as a premier global developer and operator of flagship destinations.
Locations include:
- Santa Monica, CA, USA
- Los Angeles, CA, USA
Financial Performance
As of 2023, URW reported a revenue of €2.322 billion, reflecting its strong financial performance and the resilience of its business model in the commercial real estate sector.