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Westfield World Trade Center shopping mall at the Oculus, New York.
- Westfield owns some of the most valuable malls in the United States. According to commercial real estate research firm Green Street Advisors, Westfield's parent company falls in the top four mall companies in the US in terms of asset value.
- Westfield was acquired by France's Unibail-Rodamco, a commercial property investor, for $15.7 billion in 2017.
- Business Insider spoke to the president of Univail-Romanco-Westfield's US operations to find out how the company has been able to stave off the retail apocalypse and stay ahead of the pack.
Not all American malls are dying. In fact, a select group of high-quality mall operators are still managing to survive in today's tricky
Unibail-Rodamco-Westfield (URW) is one of them.
This recently formed company - Australian mall operator Westfield was acquired by France's Unibail-Rodamco, a commercial property investor, for $15.7 billion in a deal that was finalized in June 2018 - owns some of the most valuable malls in the United States. According to a recent report from commercial real estate research firm Green Street Advisors, URW falls within the top four mall companies in the US in terms of asset value.
Business Insider spoke to Jean-Marie Tritant, president of US operations at URW, who explained how the company looks to stay ahead of the pack and stave off the retail apocalypse:
