Transaction

Sierra becomes the 2nd largest shopping centre property manager for 3rd parties in Germany

October 2, 2025

Sonae Sierra has become the second largest property manager for third-party shopping centres in Germany following the completion of its acquisition of Unibail-Rodamco-Westfield’s Real Estate Management (REM) division.

ambas Real Estate advises Unibail-Rodamco-Westfield on the sale of its REM business in Germany to Sonae Sierra

October 2, 2025

The German retail real estate advisory firm ambas Real Estate GmbH (ambas) has acted as exclusive commercial sell-side advisor to Unibail-Rodamco-Westfield (URW) on the disposal of URW’s third-party property and centre management platform to the Portuguese shopping centre operator Sonae Sierra (Sierra).

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Transaction

Sierra becomes the 2nd largest shopping centre property manager for 3rd parties in Germany

ambas Real Estate advises Unibail-Rodamco-Westfield on the sale of its REM business in Germany to Sonae Sierra

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