On May 5, Unibail-Rodamco-Westfield (URW) announced a launch in Saudi Arabia through a franchise partnership with operator Cenomi Centers. The 10-year exclusive partnership, with an option to extend for a further 10 years, will cover the management of 3 assets in Saudi Arabia’s largest cities: Jeddah, Riyadh (under development, opening in late 2025) and Dammam (the largest shopping centre in the country’s third largest city, which opened in 2020). URW will bring its mall expertise (leasing,...
Unibail launches franchise in Saudi Arabia with Cenomi Centers
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