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Washington, D.C. Morning Brief Washington DC

Washington, D.C. Morning Brief

December 13, 2017 Bisnow

European Unibail To Buy Westfield For $16B

And Create World's Largest Mall Owner

In a $16B deal that creates the largest owner of shopping centers in the world, Unibail-Rodamco agreed to buy Westfield. The combined company will have a $72B portfolio with 104 shopping centers in Europe and the U.S., including well-known properties such as Westfield World Trade Center in New York.

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