Report
Tony Sherlock
EUR 100.00 For Business Accounts Only

Unibail Deleverages Further. FVE Unchanged at AUD 12

Unibail-Rodamco-Westfield, or URW, released operational metrics for tenant sales and foot traffic for the quarter ending March 2019, but there was little to value in the data as the prior period excluded the assets acquired in the takeover of Westfield. Further, URW’s reluctance to normalise data for developments renders the data almost meaningless. The reported metrics significantly exceeded our expectations and we assume most investors ignore much of the URW’s quarterly sales and traffic measu...
Underlying
WFD Unibail-Rodamco

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

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Analysts
Tony Sherlock

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