Unibail Rodamco Westfield: “The challenge is to create a mix of retail and residential properties”

Featured image of the article Unibail Rodamco Westfield: “The challenge is to create a mix of retail and residential properties”
Publication

28 November 2022 à 17h27

Updated on 12 December 2022 à 14h16

Reading time

4 minutes

Publication: 28 November 2022 à 17h27, Updated on 12 December 2022 à 14h16

Reading time: 4 minutes

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Unibail Rodamco, Europe's number one shopping centre operator, is continuing to make progress in residential property. Anne-Sophie Sancerre, Director of Operations for Southern Europe, discusses the resilience of the centres after 2 years of the Covid-19 pandemic and presents the group's 2023 roadmap.
Publication

28 November 2022 à 17h27

Updated on 12 December 2022 à 14h16

Reading time

4 minutes

Publication: 28 November 2022 à 17h27, Updated on 12 December 2022 à 14h16

Reading time: 4 minutes

Share
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What post-pandemic recovery have you seen in your malls?

Anne-Sophie Sancerre: In terms of shopping centres in Europe, our tenant sales in Q3 2022 were up 2.3% on 2019 and 10.8% on Q3 2021. Overall, our shopping centre business accounted for €1.72 billion in the first 9 months of 2022, up 17% year-on-year. Across the portfolio, the vacancy rate was 6.9% in Q3, stable compared to the previous quarter. There are certainly some retailers that have suffered from the pandemic, such as Camaïeu in...

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