Who we are
EUROPE'S LEADING LISTED COMMERCIAL PROPERTY COMPANY
Specialised in large shopping centres in major European cities, the most prestigious office buildings, and major convention and exhibition venues in Paris and its region. The Group's portfolio was valued at €43.1 billion on December 31, 2017.
Unibail-Rodamco is the leading commercial real estate company in Continental Europe, with a unique portfolio of shopping centres, offices and convention and exhibition venues. Our consistent strategy is based on concentrating on the largest, most appealing assets in the best locations, differentiating them through an unwavering focus on superior design, architecture and services, introducing exclusive brands, and finally, offering visitors great events and fostering innovation to anticipate trends and prepare the assets for the future. In 2017, 97% of the Group's shopping centres1 attracted more than 6 million visits per year.
We launched UR Lab in 2012 to further anticipate the evolving needs of our customers. In 2016, we launched UR Link, our start-up accelerator, and The Mixer, a new co-working space located in our Paris HQ. Fostering creativity and open innovation keeps us one step ahead in understanding the deep-seated changes affecting commercial real estate. The omni-channel customer needs real-time communication and personalisation. It is precisely because we have anticipated the omni-channel customer that we are enhancing the offer in our shopping centres.
We are prepared for the future with the largest development pipeline in the industry (€7.9 Bn). All our projects are based on a common vision : creating “Better Places” to meet up, connect, shop, work and enjoy.
We have an important responsibility for the future and communities we operate in. This is why we launched Better Places 2030, an ambitious CSR strategy which aims to reduce the Group's carbon footprint by no less than 50% by 2030. In doing so, we are the first listed real estate company to address the very wide scope of direct and indirect carbon emissions resulting from construction works, energy consumption by tenants and transports used by employees and visitors.
All these steps have created a springboard for the Group’s future, but none of this would be possible without the Group’s remarkable, committed teams: 2,000 professionals which manage and develop the Group’s €43.1 Bn portfolio. At Unibail-Rodamco, all our thinking and actions are geared towards the long-term.
1 in % of GMV as at December 31, 2017icon quote
Chief Executive Officer and Chairman of the Management Board