Westfield Malls Bought For $15.7B By French Mall Operator

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  1. Westfield Malls Bought For $15.7B By French Mall Operator  PYMNTS.com
  2. Amid Amazon competition, Westfield malls sold for $15.7 billion  KOMO News
  3. How two Holocaust survivors founded Westfield and what’s next for the retail empire  SBS
  4. Frank Lowy’s had a ball, but exit timely as goalposts shift  The Australian
  5. The entire future of shopping malls could be under question following Westfield sale  NEWS.com.au
  6. Full coverage

Westfield Malls Bought For $.B By French Mall Operator. Westfield, the Australia based mall operator with a sizable U.S. presence, is being bought for $. billion from Unibail Rodamco SE, the European shopping center firm..France s Unibail Rodamco has agreed to buy shopping mall owner Westfield for $. billion, in what would be the biggest takeover of an Australian "It seems like a good strategic rationale, given the synergies, and it will create the leading mall operator globally," said Sydney based CLSAyst Sholto .Westfield Corp., which operates Southcenter Mall in Tukwila, has been sold in a deal valued at $. billion. The buyer is French commercial real estate giant Unibail Rodamco. Australia based Westfield is one of the largest shopping center owners and managers in the world. Westfield owns or operates .French real estate company Unibail Rodamco has agreed to buy Australia based shopping mall operator Westfield Corporation for $. billion in cash and shares. The companies would together have shopping centers in countries that bring in an estimated . billion visits a year..

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