February 9, Unibail-Rodamco-Westfield (URW), Europe’s largest shopping center operator, announced its full-year financial figures for FY 2022: Net rental income increased 29.1% YoY to €2.26 billion and increased 27.4% on a Like-for-like basis. EBITDA rose 30.2% to €2.2 billion, and recurring net result rose 33.2% to €1.339 billion.
Chief Executive Officer Jean-Marie Tritant noted: “URW achieved excellent financial results in 2022, confirming the end of any COVID effect on our business. In particular, tenant sales and rent collection returned to pre-pandemic levels, and we …
