Unibail: Xavier Niel will finally reap the fruits of his offensive. The shopping center giant, which owns the Forum des Halles in Paris, the Part Dieu in Lyon and the Quatre Temps in La Défense, has definitively turned the page on Covid with a strong performance in 2023.

This should benefit Niel who owns around a quarter of the shares of Unibail-Rodamco –Westfield. The commercial real estate giant has come a long way with retail assets that had lost 20% of their value.