Unibail-Rodamco’s Chief Executive Christophe Cuvillier confirmed the company’s commitment to Croydon as it reaches the final stages of its merger with shopping centre giants Westfield.
In an interview with Estates Gazette, Cuvillier acknowledged that Croydon was part of its combined development pipeline and in regard to the existing pipeline he said, “It’s a lot of things to do and a lot of room for growth.”
Unibail-Rodamco’s shareholders have now approved the merger, with Westfield shareholders due to vote on 24th May, with a second Australian Scheme Court hearing on 29th May and the takeover implementation expected to be on 7th June.
Unibail-Rodamco and Westfield will work on a shared vision of how the future of retail will change, focusing on online retail, proximity and experiential shopping to attract footfall.
Read the full interview here: https://www.egi.co.uk/news/interview-unibail-rodamco-boss-outlines-westfield-merger-vision/#