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URW Opens Westfield Hamburg-Überseequartier, Expanding Retail Footprint

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An announcement from Unibail-Rodamco-Westfield SE Stapled Security Chess Depository Interests Repr 0.05 Sh ( (AU:URW) ) is now available.

Unibail-Rodamco-Westfield (URW) has opened the retail component of Westfield Hamburg-Überseequartier, marking a significant milestone for the company and the city of Hamburg. The new development, which is 95% let, features 170 retail, dining, and entertainment units, enhancing URW’s portfolio of shopping centers in prime locations. This opening strengthens URW’s position in the retail industry and demonstrates its commitment to urban regeneration and sustainable development, offering a vibrant destination at Hamburg’s waterfront.

More about Unibail-Rodamco-Westfield SE Stapled Security Chess Depository Interests Repr 0.05 Sh

Unibail-Rodamco-Westfield is a prominent owner, developer, and operator of sustainable, high-quality real estate assets in dynamic cities across Europe and the United States. The Group manages 67 shopping centers in 11 countries, with 39 branded under the iconic Westfield name, attracting over 900 million visits annually. Their portfolio includes retail, offices, and convention venues, with a strong focus on urban regeneration and sustainability through their Better Places plan. URW’s shares are listed on Euronext Paris and in Australia, and the company holds a BBB+ rating from Standard & Poor’s.

YTD Price Performance: -0.50%

Average Trading Volume: 221,968

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$17.65B

See more insights into URW stock on TipRanks’ Stock Analysis page.

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