Posted on Nov 19, 2020 at 5:20 p.m.Updated Nov 19, 2020, 9:39 PM
Christophe Cuvillier will step down as Chairman of the Management Board of Unibail-Rodamco-Westfield (URW). His departure will undoubtedly spell the end of the American adventure of the French giant of shopping centers. A trip started in 2017, which then took on the appearance of a conquest of the West.
At the time, the management of the first European real estate company, by announcing its intention to buy the Australian Westfield and its British assets, but especially American ones, highlighted the geographical complementarity of the two groups. As well as their common ability to create high-end shopping centers, designed as “destination places” capable of withstanding competition from e-commerce. “This operation corresponds to our strategy of excellence”, congratulates Christophe Cuvillier.
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