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Unibail-Rodamco-Westfield (URW) and Union Investment have maintained a very successful partnership for many years in relation to Köln Arcaden, Riem Arcaden in Munich and Spandau Arcaden in Berlin, which are among the leading retail properties in the sector. With the management contracts, which have now been extended ahead of schedule on a long-term basis, the two companies are once again confirming their cooperation and creating a long-term joint perspective for the three top assets. In future, the focus will be on further optimising the tenant structure in line with the major sector megatrends as well as on mixed-use components and sustainability measures.

Together with the Dutch Sheltersuit Foundation and local aid organisations, Unibail-Rodamco-Westfield (URW) is once again launching a relief campaign for homeless people in need in eleven German cities and in Vienna. Starting on October 10, 2023, Homelessness Day, Sheltersuits will be distributed to people in need.