Westfield mall owner agrees to sale
Europe’s largest commercial landlord, Unibail-Rodamco, announced plans today to buy the Westfield Corp. for almost $16 billion. Westfield is an Australian company that has 35 mostly upscale malls in prime locations across the United States and United Kingdom. But even the firms behind some of America’s best-performing malls are feeling the pressure from online retailers […]
Europe’s largest commercial landlord, Unibail-Rodamco, announced plans today to buy the Westfield Corp. for almost $16 billion. Westfield is an Australian company that has 35 mostly upscale malls in prime locations across the United States and United Kingdom. But even the firms behind some of America’s best-performing malls are feeling the pressure from online retailers like Amazon. So their owners are consolidating to survive.
Click the audio player above to hear the full story.
Related Topics
Latest Episodes
View All Shows
4 minutes ago25:22
8 hours ago7:09
12 hours ago30:57
12 hours ago12:45
6 days ago28:44
4 months ago24:33