Report
Florent Laroche-Joubert

Unibail-Rodamco-Westfield : Une performance opérationnelle largement affectée surtout aux USA et RU

>Les Etats-Unis et le RU toujours en retrait vs l’Europe continentale - Le redémarrage de l’activité des centres commerciaux (CC) d’URW a montré des signes encourageants de reprise au T3 avant la mise en œuvre des nouvelles mesures restrictives à partir de la mi-octobre (65% des CC en valeur ouverts au 31 octobre). En Europe continentale, la fréquentation était en baisse yoy de 21.4% en septembre pour des ventes commerçants à -13.4% yoy au T3 et une évolution à périmè...
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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