Unibail-Rodamco-Westfield, a global developer and operator of flagship shopping destinations, completed the acquisition of a 50% stake in Croydon Partnership from Hammerson, a United Kingdom-based real estate investment trust. Financial terms were not disclosed. “Urban regeneration projects are at the heart of URW’s purpose to create sustainable places that reinvent being together, and we are very excited about what can be achieved in Croydon. With our full ownership of the property, it allows URW to work in partnership with the Mayor of Croydon, the Greater London Authority and other vital local stakeholders on a vision and options that support the wider transformation of the area,” Jean-Marie Tritant, Unibail-Rodamco-Westfield CEO.