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URW reports tenant sales uptick in Q1 amid expansions and restructuring

Shopping centre giant Unibail-Rodamco-Westfield (URW) has welcomed a “robust” first quarter for 2025, as sales and footfall increased amid wider expansion plans and a restructuring strategy. Over the period, the company’s proportionate turnover came to 943.3 million euros remaining largely flat compared to the same quarter of 2024. Tenant sales...

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Retail

Westfield identifies trend for larger flagship stores as brands upsize

Brands are continuing to increase their retail footprint at Westfield London and Westfield Stratford, as Nike, Gucci, Tommy Hilfiger, Footlocker and Pull & Bear all sign up for larger stores. Unibail-Rodamco-Westfield UK, which owns Westfield London and Westfield Stratford in London, has signed almost 40 new agreements for either new shops or...

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