Ex-Unibail Chair Says Mall Giant Needs to Refocus After Westfield `Mistake'

The video discusses a strategic plan to refocus on European assets while maintaining a marginal presence in the US. The speaker emphasizes the importance of timing in selling US assets, given the current market conditions. The plan aims to create value for shareholders by avoiding a rights issue and instead focusing on a compelling new strategy. The speaker also highlights the need for shareholder engagement and the potential for rapid value creation once the new strategy is launched.

What does the speaker believe about the recovery of the US market post-COVID?

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How does the speaker plan to convince major investors to support their strategy?

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What are the potential consequences of a rights issue as mentioned in the text?

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