Portfolios
Owners · portfolio

Unibail-Rodamco-Westfield

11 tracked holdings · avg cap 4.79%
Gross tracked value
$16.8B
Recorded debt
$925M
Markets
11

Ownership-chain cross-check

Chain-entity view
Tagged portfolio: 11 assets. Unibail-Rodamco-Westfield SE appears in the recorded ownership chains of 11 assets.
In recorded chains, not tagged:
Tagged, but the recorded chain names other entities (or none):

Track record

sourced
GLEIF-verifiedUNIBAIL-RODAMCO-WESTFIELD SE · FR969500SHQITWXSIS7N89no known consolidating parentGLEIF record
OFAC SDN screen: no name match.verify at OFAC
Disclosed deals
4
Disclosed volume
$4.9B
Span
2021–2026
Sides
0 bought · 0 sold · 4 owner
Asset · dealRoleDisclosed valueYearSource
WESTFIE4Westfield UTC (University Towne Center)
Implied 100% value from a disclosed June 2026 transaction: URW entered a conditional agreement to acquire the remaining 50% stake for ~USD 705M (cash plus up to 2.6M new URW shares), moving the La Jolla / San Diego mall to full URW ownership and implying a total asset value of ~USD 1.41B. Expected to close no later than 31 Dec 2026.
Owner of record$1.4B2026GlobeNewswire (URW press release)
WESTFIE3Westfield Forum des Halles
Implied 100% value from a disclosed Jan 2025 transaction: URW sold a 15% stake to CDC Investissement Immobilier (Caisse des Depots) for EUR 235M, implying a 100% gross value of ~EUR 1.57B (~USD 1.7B). Post-deal ownership is a JV of URW 50% / AXA IM Alts 35% / CDC 15%; URW continues to manage and fully consolidate the asset (it does NOT hold a majority equity stake).
Owner of record$1.7B2025IPE Real Assets
WESTFIE10Westfield Mall of the Netherlands
Reported development INVESTMENT figure: URW invested over EUR 600M (reported as ~EUR 630M, ~USD 650M) to redevelop the centre into a 117,000 sqm flagship that opened March 2021 - the largest mall in the Netherlands, wholly owned by URW. This is a reported development cost, not an asset valuation or sale price.
Owner of record$650M2021URW (sponsor portfolio page)
WESTFIE9Westfield Valley Fair
Reported USD 1.1B figure is the development/expansion INVESTMENT by URW for the ~500,000 sq ft expansion that brought the centre to ~2.2M sq ft (highest-grossing enclosed retail property in Silicon Valley). This is a reported project/investment cost, not an asset valuation or sale price. URW owns the asset.
Owner of record$1.1BSan Jose Spotlight
Disclosed transactions only — the record's own wording sets the side; “owner of record” means the deal names Unibail-Rodamco-Westfield as the resulting owner without stating buyer or seller. Partial-interest deals show the stated gross valuation. Fund vintage, AUM and IRR are private figures outside the public record and are not shown.

Exposure

modeled where undisclosed
Largest position
15%
Top market
15%
Top class
98%
Largest: Westfield London ($2.6B) · top market London (White City / Shepherd's Bush) · top class Retail. Shares of $17.2B across 12 tracked assets — full asset values, not this entity’s share; 5 of 12 carry a disclosed deal value, the rest are modeled.

Counterparty concentration

sourced
Lenders across the recorded debt of Unibail-Rodamco-Westfield’s tracked assets — outstanding, publicly recorded tranches plus SEC ABS-EE CMBS trust notes.
Counterparties
4
Recorded principal
$925M
CounterpartyRecordAssetsPrincipalSource
Bank of America, Goldman Sachs, Morgan Stanley, Santander Bank, Deutsche Bank affiliaterecorded debt1$925Mfiling
Allianz Real Estaterecorded debt1$0Kfiling
Helabarecorded debt1$0Kfiling
CMBS bondholders via Westfield Stratford City Finance No. 3 PLC; Stratford City Shopping Centre borrowerrecorded debt1$0Kfiling
CMBS principal is the cited trust's pari-passu note only — a slice of a larger whole loan, not the full mortgage on the building. A trust note can also be a slice of a loan already recorded above, so the two totals are shown separately, never summed. Tranches whose lender is not publicly named count toward principal but are never listed as a counterparty.

Cross-collateral signal

No single recorded lender spans multiple assets of this entity.

Exposure by market

London (White City / Shepherd's Bush)$2.6B · 16%
Paramus, New Jersey$1.8B · 11%
London, United Kingdom$1.8B · 11%
Paris, France$1.7B · 10%
Puteaux (La Defense), Paris, France$1.5B · 9%
San Diego$1.4B · 8%
Downtown Manhattan$1.4B · 8%
Century City$1.4B · 8%
Oberhausen, Germany$1.4B · 8%
Santa Clara / San Jose, California$1.1B · 7%
Leidschendam (The Hague area), Netherlands$650M · 4%

Class mix

Retail$16.8B · 100%
NAV bridgeLocked · Analyst
Gross value → recorded debt → implied equity across the holdings.
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Debt maturity wallLocked · Analyst
Recorded principal bucketed by maturity year across the holdings.
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Tenant concentration

Named tenants appearing across the tracked holdings — roster samples, not full rent rolls.
Nordstrom · 4 buildingsMacy's · 3 buildingsBloomingdale's · 2 buildingsEatalyApple StoreLouis VuittonGucciPrada

Holdings

Trust
WESTFIE2Westfield LondonLondon (White City / Shepherd's Bush) · Retail · 4.45% cap · +2.4% YTDLondon (White City / Shepherd's Bush)Retail$2.60B4.45%$1,000$116M2.60M+2.4%partial, 2 sources
WESTFIE8Westfield Garden State PlazaParamus, New Jersey · Retail · 4.80% cap · +0.0% YTDParamus, New JerseyRetail$1.81B4.80%$854$87M2.12M+0.0%verified, 4 sources
WESTFIE6Westfield Stratford CityLondon, United Kingdom · Retail · 4.80% cap · +0.0% YTDLondon, United KingdomRetail$1.80B4.80%$956$86M1.88M+0.0%partial, 3 sources
WESTFIE3Westfield Forum des HallesParis, France · Retail · 4.80% cap · +0.0% YTDParis, FranceRetail$1.70B4.80%$2,036$82M0.83M+0.0%verified, 2 sources
WESTFIE7Westfield Les Quatre TempsPuteaux (La Defense), Paris, France · Retail · 4.80% cap · +0.0% YTDPuteaux (La Defense), Paris, FranceRetail$1.50B4.80%$1,000$72M1.50M+0.0%partial, 2 sources
WESTFIE4Westfield UTC (University Towne Center)San Diego · Retail · 4.80% cap · +0.0% YTDSan DiegoRetail$1.41B4.80%$68M+0.0%verified, 4 sources
WESTFIELWestfield World Trade CenterDowntown Manhattan · Retail · 5.00% cap · +3.7% YTDDowntown ManhattanRetail$1.40B5.00%$3,836$70M0.36M+3.7%partial, 2 sources
WESTFIE1Westfield Century CityCentury City · Retail · 4.80% cap · +2.9% YTDCentury CityRetail$1.40B4.80%$1,000$67M1.40M+2.9%partial, 3 sources
WESTFIE5Westfield Centro (CentrO Oberhausen)Oberhausen, Germany · Retail · 4.80% cap · +0.0% YTDOberhausen, GermanyRetail$1.40B4.80%$1,041$67M1.34M+0.0%partial, 2 sources
WESTFIE9Westfield Valley FairSanta Clara / San Jose, California · Retail · 4.80% cap · +0.0% YTDSanta Clara / San Jose, CaliforniaRetail$1.10B4.80%$500$53M2.20M+0.0%verified, 4 sources
WESTFIE10Westfield Mall of the NetherlandsLeidschendam (The Hague area), Netherlands · Retail · 4.80% cap · +0.0% YTDLeidschendam (The Hague area), NetherlandsRetail$650M4.80%$516$31M1.26M+0.0%verified, 3 sources
YTD, cap rates and $/SF (tracked value ÷ area) are modeled estimates — the trust dot counts actual sourced categories per asset.