Report
Florent Laroche-Joubert

Unibail-Rodamco-Westfield : Management focused on managing the crisis and the recovery!

>Encouraging signs amid a recovery that needs to stabilise - After an average closure of 67 days, the restart of activity in URW’s shopping centres is showing encouraging signs despite some instability in the recovery (e.g.: recent temporary closures in Catalonia and California). In Europe, 97% of shops had reopened at the end of June and footfall was 80-90% of the level in the same period in 2019 for centres open for 11 to 12 weeks while retailers’ sales in June were...
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

Other Reports on these Companies
Other Reports from Oddo BHF

ResearchPool Subscriptions

Get the most out of your insights

Get in touch