URW's Strategic Moves: Reinforcing Regional Operations and Sustainability

Unibail-Rodamco-Westfield (URW) held a significant meeting of its Supervisory Board on December 4, 2024, where key strategic decisions were made to reinforce regional operations and sustainability. These moves demonstrate URW's commitment to driving long-term growth and investor confidence.

The meeting marked the renewal of mandates for Jean-Marie Tritant as Chairman of the Management Board and CEO, and Fabrice Mouchel as Member of the Management Board and CFO. This decision reflects the strength and quality of URW's core operations and the progress made in establishing new revenue platforms. The Group's continued deleveraging in a challenging investment market further bolstered this confidence.

One of the most notable outcomes of the meeting was the restructuring of the COO role. Vincent Rouget, currently serving as Member of the Management Board and Chief Strategy & Investment Officer, will assume the role of COO Europe, effective May 1, 2025. This move allows URW to focus on key markets and optimize local management, driving retail asset strategy and net rental growth. Rouget's comprehensive understanding of strategy and investment will undoubtedly bring valuable insights to European operations.



Jean-Marie Tritant, who currently holds the COO role, will continue to directly supervise the US region. This continuity ensures consistent strategic direction and allows URW to capitalize on growth opportunities in the American market. With Tritant at the helm, URW can maintain close ties with local stakeholders and retailers, fostering a competitive advantage in the US market.



The Supervisory Board also acknowledged URW's Better Places plan, which aims to make a positive environmental, social, and economic impact on cities and communities. This proactive approach to sustainability is evident in URW's commitment to urban regeneration, mixed-use development, and retrofitting buildings to industry-leading sustainability standards. By focusing on creating resilient, diverse, and inclusive urban environments, URW is not only enhancing its reputation but also driving long-term growth and shareholder value.

In conclusion, URW's strategic moves, including the renewal of mandates for key executives and the restructuring of the COO role, demonstrate a commitment to driving regional operational efficiency and sustainability. By leveraging the expertise of its leadership team and focusing on key markets, URW is well-positioned to continue its growth trajectory and maintain investor confidence. As the Group continues to execute on its strategic vision, investors can expect to see positive developments in regional operations and sustainable urban development.