Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Unibail-Rodamco-Westfield SE Stapled Security Chess Depository Interests Repr 0.05 Sh ( (AU:URW) ) has provided an announcement.
Unibail-Rodamco-Westfield (URW) and Cenomi Centers have entered a strategic partnership in Saudi Arabia, allowing Cenomi to exclusively license the Westfield brand for its shopping centers. This 10-year agreement, with an option for extension, will initially focus on flagship destinations in major Saudi cities, enhancing Cenomi’s market position and aligning with the Kingdom’s economic goals. URW will support Cenomi in leasing, operations, marketing, and retail media, while receiving licensing and service fees. This collaboration is expected to strengthen both companies’ presence in the region and offer new growth opportunities.
More about Unibail-Rodamco-Westfield SE Stapled Security Chess Depository Interests Repr 0.05 Sh
Unibail-Rodamco-Westfield (URW) is a prominent owner, developer, and operator of sustainable, high-quality real estate assets in Europe and the United States. The company operates 67 shopping centers across 11 countries, with 39 branded as Westfield, attracting over 900 million visits annually. URW also manages a portfolio of offices, convention and exhibition venues, and has a significant development pipeline. The company is committed to urban regeneration projects and sustainability, aligning with its Better Places plan.
YTD Price Performance: 10.96%
Average Trading Volume: 237,602
Technical Sentiment Signal: Sell
Current Market Cap: A$19.1B
For detailed information about URW stock, go to TipRanks’ Stock Analysis page.