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UNIBAIL RODAMCO UNSP/ADR - URMCY STOCK NEWS

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Unibail-Rodamco-Westfield (URW) is a leading owner, developer, and operator of real estate assets in Europe and the United States. With 72 shopping centers, including iconic Westfield malls, the company attracts over 900 million visits yearly. URW also manages high-quality offices, convention venues, and has a $3.25 billion development pipeline. Committed to urban regeneration and sustainability, URW aims to make a positive impact on communities where it operates.

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Unibail-Rodamco-Westfield (URW) Airports and The New Terminal One (NTO) have initiated the Competitive Evaluation Process (CEP) for the Food Hall and Travel Essentials tenders, marking a vital step in developing the commercial program for the all-international terminal at JFK Airport. The $9 billion first phase of the terminal is set to open in 2026, showcasing global brands and local businesses while offering a curated dining and retail experience. The Food Hall tender seeks partners to provide a mix of New York's signature cuisine and retail products, emphasizing local participation, while the Travel Essentials tender aims to enhance the travel experience with a diverse merchandise mix. Both tenders promote a sense of place and require a minimum ACDBE participation of 30%. The New Terminal One will be the largest terminal at JFK upon completion, offering extensive retail, dining, and lounge space.

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Unibail-Rodamco-Westfield (URW) has partnered with SKKN BY KIM to launch the first-ever 3D digital media campaign on the 100-yard screen at the Oculus, Westfield World Trade Center. This campaign features Kim Kardashian promoting her skincare line and runs until October 16.

The collaboration includes plans for a SKKN BY KIM pop-up store at Westfield Century City in Los Angeles during the holiday season. URW's media division continues to innovate with its digital advertising network, aimed at enhancing brand visibility in top markets.

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Unibail-Rodamco-Westfield (URW) has partnered with Mill Creek Residential to kick off the redevelopment of Westfield Garden State Plaza in Paramus, NJ. This initiative will transform the 30-acre site into a mixed-use development featuring 550 luxury apartments, parks, and shopping areas. Groundbreaking is anticipated in 2024, with openings planned for 2026. The project focuses on sustainability, including electric vehicle charging and public transport connectivity, aiming to enhance community living and shopping experiences.

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Unibail-Rodamco-Westfield (URW) has launched a pioneering Web3 platform called THE DROP AT WESTFIELD, designed to enhance consumer-brand interactions through its digital network in the U.S. The platform debuted at the Westfield World Trade Center featuring digital artwork by five female artists. This initiative aims to provide brands a secure venue for promoting their Web3 endeavors, ultimately enhancing customer engagement and driving sales conversion. NFTs from the inaugural collection, titled Women In Web3: Her Dreams Realized, will be displayed until July 17 and available for purchase.

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FAQ

What does Unibail-Rodamco-Westfield (URW) do?

URW is a premier owner, developer, and operator of real estate assets in Europe and the United States, managing shopping centers, offices, and convention venues.

How many shopping centers does URW operate?

URW operates 72 shopping centers, including 38 iconic Westfield malls.

What is URW's commitment to sustainability?

URW is committed to urban regeneration and sustainability, aiming to have a positive impact on the communities in which it operates.

What is URW's development pipeline value?

URW has a $3.25 billion development pipeline of mainly mixed-use assets.

Where are URW's stapled shares listed?

URW's stapled shares are listed on Euronext Paris with a secondary listing in Australia through Chess Depositary Interests.

What are the key components of URW's portfolio?

URW's $56 billion portfolio consists of 87% retail, 6% offices, 5% convention and exhibition venues, and 2% services.

How does URW benefit major cities?

URW partners with major cities on urban regeneration projects, striving to make a positive environmental, social, and economic impact.

What is URW's rating from Standard & Poor's?

URW has a BBB+ rating from Standard & Poor's and a Baa2 rating from Moody's.

What is Unibail-Rodamco-Westfield Airports?

Unibail-Rodamco-Westfield Airports leverages its expertise to deliver uplifting retail travel experiences in partnership with airports and airlines across the world.

What is the goal of the JFK Redevelopment Community Advisory Council?

The JFK Redevelopment Community Advisory Council works with local stakeholders to solicit feedback and provide opportunities for local businesses, MWBE, students, and jobseekers in the redevelopment of JFK Airport.

What is the commitment of URW Airports?

URW Airports is committed to creating seamless journeys and uplifting retail travel experiences at some of the world's busiest airports.
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