Report
Florent Laroche-Joubert

Unibail-Rodamco-Westfield : A very clear roadmap and first encouraging signs!

>Disposal plans in Europe & USA as 1st catalysts - We had the opportunity to speak with Fabrice Mouchel (CFO), Samuel Warwood (HIR), Maarten Otte (IR) and Céline Van Steenbrugghe (Head of Communication) on 16 March. We note from our discussions that management has a very clear roadmap for the next 24 to 36 months, with the first catalysts being the completion of disposal plans in continental Europe and the United States, for which we can already see first encoura...
Underlying
Unibail-Rodamco-Westfield SE Stapled Secs Cons of 1 Sh Unibail Rodamco + 1 Sh WFD Unib Rod

Unibail-Rodamco is a commercial property operator, investor and developer. Co. is operationally organized in six geographical regions: France, Spain, Central Europe, Austria, the Nordics and The Netherlands. Its activities are divided into three business lines or segments: Shopping Centres, Offices and Convention & Exhibition. Co.'s Shopping Centres segment focuses primarily on the retail sector; the Offices segment takes care of office assets that are mainly located in the Parisian Central Business District; and the Convention-Exhibitions segment consists of a real estate venues and operations organization, and trade show organization.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Florent Laroche-Joubert

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