By Helen Crane2018-05-22T12:07:00
The chair and chief executive of Unibail-Rodamco has outlined his strategy if the company’s €24.7bn (£21.7bn) takeover of Westfield goes ahead, saying the focus will be firmly on flagship centres and experiential retail.
Speaking to Property Week in Paris, Christophe Culliver said that the deal – which has been approved by his own shareholders, and which Westfield shareholders will vote on this Thursday – would create a “unique, must-have platform of flagship assets.”
“Westfield is a perfect strategic fit for Unibail-Rodamco because they share the same vision of retail as we do,” he said.
You must be logged in to continue
Try Property Week For Free to finish this article.
Sign up now for the following benefits:
To access this article TRY FOR FREE NOW
Don’t want full access? REGISTER NOW to read this article and up to 3 more this month and subscribe to our newsletters.
Registered users and subscribers SIGN IN here to continue
Site powered by Webvision Cloud