www.marketscreener.com Open in urlscan Pro
213.182.38.210  Public Scan

URL: https://www.marketscreener.com/quote/stock/UNIBAIL-RODAMCO-WESTFIELD-43851519/news/URW-announces-an-Exchange-Offer-on-its-Perp-...
Submission: On July 10 via api from US — Scanned from FR

Form analysis 2 forms found in the DOM

Name: recherche_menuGET /search/

<form style="margin:0px;padding:0px" method="get" name="recherche_menu" id="recherche_menu" action="/search/">
  <div class="c-flex justify-content-left recherche_bl">
    <div class="search-container dropdown-container c-flex"><input data-submit-form="recherche_menu" class="h-100 js_dropdown js-search search-input" data-search-type="1" data-dropdown="#header-search-result-container"
        data-token="51a19e.xctC5GZbpNukyfzFUh-JbxM_OLLfNl49t5XQEzrhH9I.oY4HvDwJzIvMor7zFFb8DGBRSf6LTD1qgNCBKn2TUf-0vhrRJSLC6PyOnw" placeholder="Symbol or Keyword(s)" autocomplete="off" type="text" name="q" id="autocomplete"><button type="submit"
        title="Advanced search" data-do-submit="false" class="js-search-button" style="width:51px;height:32px;background:#004EFF;color:white;border:none;cursor:pointer;"><img src="/static/images/loupe_recherche.png" alt="Advanced search"></button>
      <div id="header-search-result-container" class="card card--no-radius search-card dropdown">
        <div class="js-search-container search-top px-10 px-m-0 ">
          <div class="py-15 pl-5"><a href="/search/" class="btn btn--action btn--big py-10 px-15" style="text-decoration:unset!important;">
                    Advanced search
                </a></div>
        </div>
      </div>
    </div>
  </div>
</form>

POST /acces.php?location=%2Fquote%2Fstock%2FUNIBAIL-RODAMCO-WESTFIELD-43851519%2Fnews%2FURW-announces-an-Exchange-Offer-on-its-Perp-NC-2023-hybrid-44144824%2F

<form method="post" id="form_connection" action="/acces.php?location=%2Fquote%2Fstock%2FUNIBAIL-RODAMCO-WESTFIELD-43851519%2Fnews%2FURW-announces-an-Exchange-Offer-on-its-Perp-NC-2023-hybrid-44144824%2F" style="padding:0px;margin:0px">
  <div class="container">
    <div class="row">
      <div class="col-12 p-0">
        <div class="relative" style="position:relative;">
          <input style="" autocomplete="off" class=" input_form_inscr " placeholder="E-mail*" type="text" value="" name="login">
        </div>
      </div>
    </div>
    <div class="row">
      <div class="col-12 p-0">
        <div class="relative" style="position:relative;">
          <input style="" autocomplete="off" class=" input_form_inscr " placeholder="Password*" type="password" value="" name="password">
          <div style="position:absolute;top:15px;right:15px;cursor:pointer;">
            <img src="/images/password_eye_0.png" alt="Show password" class="password_show_0">
            <img src="/images/password_eye_1.png" alt="Hide Password" class="password_show_1" style="display:none;">
          </div>
        </div>
      </div>
    </div>
    <div class="row mt-1">
      <div class="col-12 p-0">
        <div style="display:flex;">
          <div><a href="/indexbasesans.php?lien=requestlogin">Forgot password ?</a></div>
          <div style="margin-left:auto;"><input style="margin: auto;" type="checkbox" name="savecookie" value="ON" checked=""> Remember </div>
        </div>
        <div class="mt-15">
          <input style="width:100% !important;line-height:inherit;" class="hlSubmit btn_inscription" type="submit" value="Submit">
        </div>
        <input type="hidden" name="MySessid" value="b8ar3n9n6u7m3jq7o4fmpj0rf6">
      </div>
    </div>
    <style>
      .btn_inscription {
        cursor: pointer;
        display: flex;
        align-items: end;
        border-radius: 4px;
        padding-top: 15px;
        padding-bottom: 15px;
        font-size: 14px;
        font-weight: bold;
        background: #33d251;
        color: white;
        justify-content: center;
      }

      .btn_social {
        cursor: pointer;
        display: flex;
        align-items: end;
        border-radius: 4px;
        margin-bottom: 5px;
        color: white;
        padding-top: 10px;
        padding-bottom: 10px;
        font-size: 14px;
        justify-content: center;
      }

      .btn_social_google {
        background: #d44934;
      }

      .btn_social_twitter {
        background: #1da1f3;
      }

      .btn_social_facebook {
        background: #405a9a;
      }

      .btn_social_apple {
        background: #000000;
      }
    </style>
    <div class="row">
      <div class="col-12 p-0">
        <div style="text-align:center;padding-bottom:25px;position:relative;padding-bottom:20px;padding-top:20px;">
          <div style="background-image:url('/images/barre.png');color:#5C5C5C;text-align:center;font-size:14px;padding:0px 15px;"><span style="background:white;padding:0px 15px;">Or log in with</span></div>
        </div>
      </div>
    </div>
    <div class="row">
      <div class="col-12  p-0">
        <div class="d-flex">
          <div style="flex:1;align-items:center;" class="btn_social btn_social_google"
            onclick="gaEvent('test','tunnel-membre_natif','social__en_US__btn-0', '1');window.open('https://www.marketscreener.com/mods_a/login/google_login/index.php?social_provenance_source=header-connexion&amp;social_provenance_version=classique','popup','width=600,height=740'); return false;">
            <img class="mr-5" style="margin-right:5px !important;margin-bottom:5px !important;" width="15px" src="/images/google_oneclick_zb.svg" alt="Google">Google
          </div>
          <div style="width:5px;"></div>
          <div style="flex:1;align-items:center;" class="btn_social btn_social_apple"
            onclick="gaEvent('test','tunnel-membre_natif','social__en_US__btn-0', '1');window.open('https://www.marketscreener.com/mods_a/login/apple_login/index.php?social_provenance_source=header-connexion&amp;social_provenance_version=classique','popup','width=600,height=740'); return false;">
            <img class="mr-5" style="margin-right:5px !important;" width="15px" src="/images/apple_oneclick_zb.svg" alt="Apple"> Apple&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
          </div>
        </div>
      </div>
    </div>
  </div>
</form>

Text Content

Advanced search
Log in
Forgot password ?
Remember

Or log in with
Google

Apple     
Sign up
Email Registration
Or log in with
Google

Apple     
English (USA)
English (UK)
English (Canada)
Deutsch (Deutschland)
Deutsch (Schweiz)
Español
Français (France)
Français (Suisse)
Italiano
Nederlands (Nederland)
Nederlands (België)


 * Markets
   Equities
   Top Capitalization
   United States
   North America
   Europe
   Asia
   Middle East
   Sector Research
   Earnings Calendar
   Equities Analysis
   Most popular
   Indexes
   Homepage
   Rankings
   Europe
   America
   Asia
   Africa
   Index Analysis
   Indexes News
   S&P 500
   DOW JONES
   NASDAQ 100
   TSX COMP
   FTSE 100
   DAX
   CAC 40
   EURO STOXX 50
   Currency / Forex
   Homepage
   Rankings
   Currency Cross Rate
   Currency Converter
   Forex Analysis
   Currencies News
   USD / EUR
   USD / CAD
   USD / MXN
   USD / BRL
   USD / INR
   Commodities
   Homepage
   Energy
   Precious metals
   Agriculture
   Industrial Metals
   Livestock and Cattle
   GOLD
   CRUDE OIL (WTI)
   CRUDE OIL (BRENT)
   SILVER
   PLATINUM
   Cryptocurrencies
   Homepage
   Rankings
   Charts
   Analysis
   News
   BITCOIN
   ETHEREUM
   BINANCE COIN
   SOLANA
   CARDANO
   FTX TOKEN
   Interest Rates
   Homepage
   Developed Nations
   Emerging Countries
   ETFs Rates
   ETF
   Rankings and News
   Advanced Search
 * News
   All News
   World
   United States
   Europe
   North America
   South America
   Asia
   Africa
   Middle East
   Emerging
   Companies
   All News
   Analyst Reco.
   Rumors
   IPOs
   Capital Markets Transactions
   New Contracts
   Profit Warnings
   Appointments
   Press Releases
   Security Transactions
   Earnings reports
   New markets
   New products
   Corporate strategies
   Legal risks
   Share buybacks
   Mergers and acquisitions
   Call Transcripts
   Guidance
   Indexes
   Currency / Forex
   Commodities
   Cryptocurrencies
   ETF
   Interest Rates
   Economy
   Themes
   Asset Management
   Activism
   Climate and ESG
   Cybersecurity
   Geopolitics
   Central Banks
   Private Equity
   Inflation
   Business Leaders
   Sectors
   All our articles
   Most Read News
   Hot News
 * Analysis
   All Analysis
   Must Read
   Equities
   Indexes
   Currencies
   Commodities
   Cryptocurrencies
   Stock Trading Strategies
   All
   America
   Europe
   Asia
 * Our Shows
   Shows
   Strategy
   Must Watch
   Satirical Cartoon
   Today's Editorial
   Crypto Recap
 * Stock Picks
   All our investments
   United States
   Europe
   Asia, Pacific
 * Portfolios
   Virtual Portfolios
   USA Portfolio
   European Portfolio
   Asian Portfolio
 * Watchlists
   My Watchlists
   Watchlists
   My previous session
   My most visited
   Most popular
   Investment Style
   Homepage
   Top ROE
   Yield stocks
   Small caps
   Momentum stocks
   Quality stocks at a reasonable price
   Multibaggers
   Investment Themes
   Homepage
   Israeli innovation
   Oligopolies
   Cybersecurity
   Semiconductors
   Let's all cycle!
   The food of tomorrow
 * Rankings
   Top Movers
   Top Movers
   Unusual volumes
   New Historical Highs
   New Historical Lows
   Long Term
   Top Fundamentals
   Top Fundamentals
   Sales growth
   Earnings Growth
   Profitability
   Finances
   Rankings Valuation
   Rankings Valuation
   P/E ratio
   Enterprise value
   Yield
   Top Consensus
   Top Consensus
   Analyst Opinion
   Target price
   Estimates Revisions
   Divergence
   Top Technicals
   Top RSI
   GAPS
   STIM
   Breakouts
   Trends
   Volatility
   Top ranking ESG
   Top ranking ESG
   Environment
   Social
   Governance
   Rankings Coverage
 * Screeners
   Stock Screener Home
   Investment Themes
   The Internet of Things
   Smart City
   Strategic Metals
   Sin stocks
   Luxury
   Fintechs
   Technical Rankings
   Oversold stocks
   Overbought stocks
   Close to resistance
   Close to support
   Accumulation Phases
   Most volatile stocks
   Fundamental Rankings
   Top Investor Rating
   Top Trading Rating
   Top Consensus
   
   
   Low valuations
   My Screeners
   All my stocks
   Watchlists
   Virtual Portfolios
 * Tools
   MarketScreener tools
   Stock Screener
   iPhone App
   Expert tools
   Stock Screener PRO
   Portfolio Creator
   Event Screener
   Dynamic Chart
   Earnings Calendar
   Economic Calendar
   Currency Converter
   ProRealTime Trading
 * Our Services
   Our subscriptions
   Our Stock Picks
   Stock Screener
   Thematic Investment Lists
   MarketScreener Portfolios
   European Portfolio
   USA Portfolio
   Asian Portfolio

Log inSign up
 * Homepage
 * Markets
   * Equities
     * Top Capitalization
     * United States
     * North America
     * Europe
     * Asia
     * Middle East
     * Sector Research
     * Earnings Calendar
     * Equities Analysis
     * Most popular
   * Indexes
     * Homepage
     * Rankings
     * Europe
     * America
     * Asia
     * Africa
     * Index Analysis
     * Indexes News
     * S&P 500
     * DOW JONES
     * NASDAQ 100
     * TSX COMP
     * FTSE 100
     * DAX
     * CAC 40
     * EURO STOXX 50
   * Currency / Forex
     * Homepage
     * Rankings
     * Currency Cross Rate
     * Currency Converter
     * Forex Analysis
     * Currencies News
     * USD / EUR
     * USD / CAD
     * USD / MXN
     * USD / BRL
     * USD / INR
   * Commodities
     * Homepage
     * Energy
     * Precious metals
     * Agriculture
     * Industrial Metals
     * Livestock and Cattle
     * GOLD
     * CRUDE OIL (WTI)
     * CRUDE OIL (BRENT)
     * SILVER
     * PLATINUM
   * Cryptocurrencies
     * Homepage
     * Rankings
     * Charts
     * Analysis
     * News
     * BITCOIN
     * ETHEREUM
     * BINANCE COIN
     * SOLANA
     * CARDANO
     * FTX TOKEN
   * Interest Rates
     * Homepage
     * Developed Nations
     * Emerging Countries
     * ETFs Rates
   * ETF
     * Rankings and News
     * Advanced Search
 * News
   * All News
     * World
     * United States
     * Europe
     * North America
     * South America
     * Asia
     * Africa
     * Middle East
     * Emerging
   * Companies
     * All News
     * Analyst Reco.
     * Rumors
     * IPOs
     * Capital Markets Transactions
     * New Contracts
     * Profit Warnings
     * Appointments
     * Press Releases
     * Security Transactions
     * Earnings reports
     * New markets
     * New products
     * Corporate strategies
     * Legal risks
     * Share buybacks
     * Mergers and acquisitions
     * Call Transcripts
     * Guidance
   * Indexes
   * Currency / Forex
   * Commodities
   * Cryptocurrencies
   * ETF
   * Interest Rates
   * Economy
   * Themes
     * Asset Management
     * Activism
     * Climate and ESG
     * Cybersecurity
     * Geopolitics
     * Central Banks
     * Private Equity
     * Inflation
     * Business Leaders
   * Sectors
   * All our articles
   * Most Read News
   * Hot News
 * Analysis
   * All Analysis
   * Must Read
   * Equities
   * Indexes
   * Currencies
   * Commodities
   * Cryptocurrencies
   * Stock Trading Strategies
     * All
     * America
     * Europe
     * Asia
 * Our Shows
   * Shows
   * Strategy
   * Must Watch
   * Satirical Cartoon
   * Today's Editorial
   * Crypto Recap
 * Stock Picks
   * All our investments
   * United States
   * Europe
   * Asia, Pacific
 * Portfolios
   * Virtual Portfolios
   * USA Portfolio
   * European Portfolio
   * Asian Portfolio
 * Watchlists
   * My Watchlists
     * Watchlists
     * My previous session
     * My most visited
     * Most popular
   * Investment Style
     * Homepage
     * Top ROE
     * Yield stocks
     * Small caps
     * Momentum stocks
     * Quality stocks at a reasonable price
     * Multibaggers
   * Investment Themes
     * Homepage
     * Israeli innovation
     * Oligopolies
     * Cybersecurity
     * Semiconductors
     * Let's all cycle!
     * The food of tomorrow
 * Rankings
   * Top Movers
     * Top Movers
     * Unusual volumes
     * New Historical Highs
     * New Historical Lows
     * Long Term
   * Top Fundamentals
     * Top Fundamentals
     * Sales growth
     * Earnings Growth
     * Profitability
     * Finances
   * Rankings Valuation
     * Rankings Valuation
     * P/E ratio
     * Enterprise value
     * Yield
   * Top Consensus
     * Top Consensus
     * Analyst Opinion
     * Target price
     * Estimates Revisions
     * Divergence
   * Top Technicals
     * Top RSI
     * GAPS
     * STIM
     * Breakouts
     * Trends
     * Volatility
   * Top ranking ESG
     * Top ranking ESG
     * Environment
     * Social
     * Governance
   * Rankings Coverage
 * Screeners
   * Stock Screener Home
   * Investment Themes
     * The Internet of Things
     * Smart City
     * Strategic Metals
     * Sin stocks
     * Luxury
     * Fintechs
   * Technical Rankings
     * Oversold stocks
     * Overbought stocks
     * Close to resistance
     * Close to support
     * Accumulation Phases
     * Most volatile stocks
   * Fundamental Rankings
     * Top Investor Rating
     * Top Trading Rating
     * Top Consensus
     * 
     * 
     * Low valuations
   * My Screeners
     * All my stocks
     * Watchlists
     * Virtual Portfolios
 * Tools
   * MarketScreener tools
     * Stock Screener
     * iPhone App
   * Expert tools
     * Stock Screener PRO
     * Portfolio Creator
     * Event Screener
   * Dynamic Chart
   * Earnings Calendar
   * Economic Calendar
   * Currency Converter
   * ProRealTime Trading
 * Our Services
   * Our subscriptions
   * Our Stock Picks
   * Stock Screener
   * Thematic Investment Lists
   * MarketScreener Portfolios
     * European Portfolio
     * USA Portfolio
     * Asian Portfolio


 1. Markets
 2. Stock France
 3. Unibail-Rodamco-Westfield SE
 4. News
 5. URW announces an Exchange Offer on its Perp-NC 2023 hybrid


UNIBAIL-RODAMCO-WESTFIELD SE

Equities URW FR0013326246
Add to a list


ADD TO A LIST



To use this feature you must be a member
Log inSign up
PDF Report


Real-time Euronext Paris - 11:37:56 2023-07-10 am EDT 5-day change 1st Jan
Change 49.18 EUR -0.67% +1.78% +1.13%

Jul. 07 Upbeat Sentiment From US Jobs Data Pushes French Equities Higher MT Jun.
28 Unibail-Rodamco-Westfield Completes Perp-NC 2023 Hybrid Exchange Offer;
Shares Up 3% MT

Summary
Quotes
Charts


NEWS

Ratings
Calendar
Company
Financials
Consensus
Revisions
Funds and ETFs



URW ANNOUNCES AN EXCHANGE OFFER ON ITS PERP-NC 2023 HYBRID

June 20, 2023 at 02:16 am
Share


Paris, June 20, 2023

Press release

URW announces an Exchange Offer on its Perp-NC 2023 hybrid

 * Comprehensive solution for fixed income investors as an alternative to
   remaining invested in the Perp-NC 2023 hybrid notes
 * Coupon of 7.25% and a Cash Amount
 * Preserves equity content with rating agencies and supports URW’s ratings
   
   

UNIBAIL-RODAMCO-WESTFIELD SE (“URW” or “the Group”) announces an any-and-all
par-for-par Exchange Offer on the €1,250,000,000 Hybrid Perp-NC 2023 notes with
a First Reset Date on 25 October 2023 (ISIN: FR0013330529) (the “Existing
Notes”) into a new Euro denominated Deeply Subordinated Perpetual Fixed Rate
Resettable Perp-NC 5.25 hybrid notes with a coupon of 7.25% (the “New Notes”)
and a Cash Amount.

The Group’s strategy

A key pillar of URW’s strategy is its deleveraging plan, to be achieved through
the radical reduction of the Group’s financial exposure to the US and the
execution of its European disposal plan. In this regard, the Group has made
significant progress to date with €4.7 Bn of disposals completed since December
2020, including €3.3 Bn in Europe and $1.6 Bn in the US.

This progress has been recognized by rating agencies, which have kept the
Group’s ratings (BBB+/Baa2) and stable outlook unchanged in their FY2022
reviews.

Maintaining a solid capital structure, including the hybrid, is key to achieving
URW’s strategic objectives in the best conditions within today’s challenging
financing environment.

The Group’s strong operating performance and ample liquidity1 enables it to
continue to act on its deleveraging plan in a timely and orderly manner. The
strength of URW’s portfolio is demonstrated by the post-Covid recovery in both
sales and footfall, and sustained demand from retailers for highly-productive
space as part of their omnichannel strategy. The assets also offer a hedge
against inflation through indexation and variable rents.

On completion of the deleveraging plan, URW will have a Europe-focused portfolio
of high-quality, sustainable, and high-performing assets located in the
continent’s wealthiest cities and most dynamic catchment areas.

The Existing Bonds and Exchange Offer

Hybrid instruments are an important component of URW’s capital structure. The
instruments support the Group’s ratings and the delivery of its stated strategy
and deleveraging plan.

After careful evaluation of the current restrictive hybrid primary market
conditions, the Group has decided not to exercise its option to call the
Existing Notes.

Understanding the impact of this decision on fixed income investors and
considering the interest of all its stakeholders, the Group has decided to offer
an alternative to remaining invested in the Existing Notes. Accordingly, the
Group is today announcing an any-and-all par-for-par Exchange Offer in respect
of the Existing Notes into a combination of (i) new hybrid notes with a coupon
of 7.25%, and (ii) a Cash Amount (where applicable). The Cash Amount will result
in a reduction of the Group’s overall hybrid portfolio, and will not exceed €200
Mn i.e. 10% of the outstanding aggregate hybrid portfolio.

The Exchange Offer is subject to achieving a minimum new issue size of €500 Mn
to ensure the liquidity of the New Notes for investors.

In accordance with the terms and conditions, the coupon of the Existing Notes
not exchanged will reset on 25 October 2023 to the aggregate of the then
prevailing 5-year Mid-Swap Rate and the Relevant Margin, which is 1.675% per
annum.

The Group expects its rating to be unchanged as a result of the completion of
this transaction and the New Notes to be rated BBB- by S&P and Ba1 by Moody’s,
two notches below URW’s issuer and senior unsecured ratings of BBB+/Baa2, in
line with the existing hybrid instruments. Any portion of the Existing Notes
that are not exchanged are expected to continue to benefit from Moody’s 50%
equity credit whilst receiving a qualitative benefit from S&P.

All other hybrid instruments (including the Perp-NC 2026 and the New Notes) are
expected to continue to benefit from a 50% equity credit treatment with both
rating agencies. Any decision regarding the call of these bonds will be taken
closer to their respective first call dates.

The Group intends to maintain its hybrid coupon payment policy.

All the Group’s hybrid notes will continue to achieve 100% equity accounting
under IFRS.

The Exchange Offer will not be open to U.S. persons or to any person in the
United States or any other jurisdiction where it is unlawful to make such an
offer or distribute any documentation related to such an offer.

Exchange Offer Details

The details of the Exchange Offer, including the New Notes and Cash Amount are
further described in the Exchange Offer Memorandum, which is available on
request from BNP Paribas as Exchange and Information Agent (contact details
below).

BNP Paribas

Tel.: +33 1 42 98 44 19

Email: paris.bp2s.information.agent@bnpparibas.com


For more information, please contact:

Investor Relations 
Alex Estruch
VP, Chief of Staff to the CEO
+1 424 303 1948
Alex.Estruch@urw.com

Media Relations 
UK/Global:
Cornelia Schnepf – Finelk
+44 7387 108 998
Cornelia.Schnepf@finelk.eu

United States:
Molly Morse – Kekst CNC
+1 212 521 4826
Molly.Morse@kekstcnc.com

France:
Sonia Fellmann – PLEAD
+33 6 27 84 91 30
Sonia.Fellmann@plead.fr

About Unibail-Rodamco-Westfield
Unibail-Rodamco-Westfield is an owner, developer and operator of sustainable,
high-quality real estate assets in the most dynamic cities in Europe and the
United States.

The Group operates 78 shopping centres in 12 countries, including 45 which carry
the iconic Westfield brand. These centres attract over 900 million visits
annually and provide a unique platform for retailers and brands to connect with
consumers. URW also has a portfolio of high-quality offices, 10 convention and
exhibition venues in Paris, and a €3 Bn development pipeline of mainly mixed-use
assets. Currently, its €52 Bn portfolio is 87% in retail, 6% in offices, 5% in
convention and exhibition venues, and 2% in services (as at December 31, 2022).

URW is a committed partner to major cities on urban regeneration projects,
through both mixed-use development and the retrofitting of buildings to
industry-leading sustainability standards. These commitments are enhanced by the
Group’s Better Places 2030 agenda, which strives to make a positive
environmental, social and economic impact on the cities and communities where
URW operates.

URW’s stapled shares are listed on Euronext Paris (Ticker: URW), with a
secondary listing in Australia through Chess Depositary Interests. The Group
benefits from a BBB+ rating from Standard & Poor’s and from a Baa2 rating from
Moody’s.

For more information, please visit www.urw.com

<hr />

1 As per the Q1-2023 results announcement, €13.7 Bn of liquidity on a
proportionate basis including €4.2 Bn of cash and €9.4 Bn of undrawn credit
lines.



Attachment

 * URW announces an Exchange Offer on its Perp-NC 2023 hybrid


© OMX, source GlobeNewswire - EU Press Releases



Share




STOCKS MENTIONED IN THE ARTICLE

Add to a list

Add to a list



0 selected

To use this feature you must be a member
Log inSign up
Price
Change
5d. change
Capi. (M$)
UNIBAIL-RODAMCO-WESTFIELD SE

49.18 EUR -0.67%+1.78% 7 538 M $


LATEST NEWS ABOUT UNIBAIL-RODAMCO-WESTFIELD SE

Upbeat Sentiment From US Jobs Data Pushes French Equities Higher
Jul. 07
MT Unibail-Rodamco-Westfield Completes Perp-NC 2023 Hybrid Exchange Offer;
Shares Up 3%
Jun. 27
MT Unibail-Rodamco-Westfield SE Successfully Completes the Exchange Offer on Its
Perp-NC
Jun. 27
CI Unibail-Rodamco-Westfield Launches Exchange Offer for EUR1.3 Billion Hybrid
Notes Due 2023
Jun. 20
MT AT&T to shut flagship store in downtown San Francisco
Jun. 16
RE U.S. hotel markets recover from the pandemic; San Francisco an outlier
Jun. 16
RE San Francisco hit again as large mall owner walks away
Jun. 13
RE European Equities Close Higher in Tuesday Trading; Inflation Slows in
Germany, Spain
Jun. 13
MT Westfield to give up San Francisco mall as fewer shoppers hit occupancy
levels
Jun. 13
RE FTSE 100 Closes Up 0.1% as Investors Eye Fed, ECB Rate Decisions
Jun. 12
DJ UK Wage Growth Will Keep Interest Rates High
Jun. 12
DJ UNIBAIL-RODAMCO-WESTFIELD SE : Exane European CEO Conference
Jun. 05
FA Euronext Paris Falls in Stock Market Ranking; Shares Close Lower on Thin
Trading Day
May. 29
MT Global markets live: Microsoft, Raytheon, JPMorgan, Credit Suisse...
May. 26
Unibail-Rodamco-Westfield Advances Deleveraging Program with Asset Sales
May. 26
MT North American Development Group acquired Westfield Brandon Shopping Centre,
Florida and V office building, Versailles from Unibail-Rodamco-Westfield SE for
approximately $322 million.
May. 24
CI Unibail-Rodamco-Westfield SE Appoints Jacques Richier and Sara Lucas as
Members of the Supervisory Board
May. 11
CI Transcript : Unibail-Rodamco-Westfield SE - Shareholder/Analyst Call
May. 11
CI UNIBAIL-RODAMCO-WESTFIELD SE : Annual General Meeting
May. 11
FA UNIBAIL-RODAMCO-WESTFIELD : Occupancy losing steam in Q1 23
Apr. 27
UNIBAIL-RODAMCO-WESTFIELD SE : Q1 2023 Sales and Revenue Release - Trading
Update
Apr. 26
FA Unibail-Rodamco-Westfield SE (ENXTPA:URW) acquired 50% stake in Croydon
Partnership from Hammerson Plc (LSE:HMSO).
Apr. 24
CI Unibail-Rodamco-Westfield's Supervisory Board to Nominate New Chair
Mar. 10
MT Léon Bressler to Retire as Chairman and Member of the Supervisory Board at
the 2023 AGM
Mar. 09
CI Global markets live: Haleon, Best Buy, Macy's, HSBC, GSK...
Mar. 02


CHART UNIBAIL-RODAMCO-WESTFIELD SE

DurationAuto.2 months3 months6 months9 months1 year2 years5 years10 yearsMax.
PeriodDayWeek

More charts


COMPANY PROFILE

Unibail-Rodamco-Westfield SE (comprising Unibail-Rodamco-Westfield SE and
Unibail-Rodamco-Westfield N.V.) is a world leader in commercial real estate. At
the end of 2022, the real estate portfolio is valued, in gross market value, at
EUR 52.3 billion, divided by type of asset between shopping centers (86.5%),
offices (6.4%), convention and exhibition centers (4.9%) and service centers
(2%). The portfolio is distributed geographically as follows: France (36%), the
United States (22%), Central Europe (10%), Germany (7%), Spain (7%), the United
Kingdom (6%), the Nordic countries (5%), Austria (4%) and the Netherlands (3%).
Read more
Sector
Commercial REITs
Calendar
2023-07-26 - Q2 2023 Earnings Release
More about the company


INCOME STATEMENT EVOLUTION

Created with Highcharts 9.3.3Million EURSalesNet incomeNet
Margin20182019202020212022202320242025-10,000-7,500-5,000-2,50002,5005,000-500.00%-400.00%-300.00%-200.00%-100.00%0.00%100.00%©marketscreener.com
- S&P Global Market Intelligence
Loading...
Access financial data


RATINGS FOR UNIBAIL-RODAMCO-WESTFIELD SE

Trading Rating :

Investor Rating :

ESG Refinitiv :
A
Created with Highcharts 9.3.3FinancialsValuationConsensusBusiness
PredictabilityMomentum5
More Ratings


ANALYSTS' CONSENSUS

Sell

Buy
Mean consensus
HOLD
Number of Analysts
15
Last Close Price
49.51EUR
Average target price
56.13EUR
Spread / Average Target
+13.38%
Consensus


EPS REVISIONS




ANNUAL PROFITS - RATE OF SURPRISE




SECTOR OTHER COMMERCIAL REITS

1st Jan change Capi. (M$)
UNIBAIL-RODAMCO-WESTFIELD SE

+1.13% 7 538 M $
FEDERAL REALTY INVESTMENT TRUST

-4.78% 7 824 M $
KLÉPIERRE

+5.25% 7 000 M $
CAPITALAND ASCENDAS REIT

-2.55% 8 702 M $
MAPLETREE PAN ASIA COMMERCIAL TRUST

-4.19% 6 189 M $
CAPITALAND INTEGRATED COMMERCIAL TRUST

-7.84% 9 184 M $
FIBRA UNO

+8.84% 5 636 M $
SPIRIT REALTY CAPITAL, INC.

-1.68% 5 546 M $
LAND SECURITIES GROUP PLC

-8.82% 5 445 M $
COVIVIO

-20.94% 4 803 M $

Other Commercial REITs

Indexes Europe America Asia
S&P 500
4399
-0.01%

DOW JONES
33859
+0.37%

NASDAQ 100
14981
-0.37%

TSX COMP
19822
-0.04%

FTSE 100
7274
+0.23%

DAX
15673
+0.45%

CAC 40
7144
+0.45%

EURO STOXX 50
4257
+0.47%

MSCI CHINA
59
+0.87%

TOPIX
2243
-0.51%

MSCI EMERGING
983
+0.23%

MSCI WORLD
2927
+0.08%

STOXX EU 600
448
+0.18%

MSCI EUROPE
151
+0.20%

DAX
15673
+0.45%

CAC 40
7144
+0.45%

FTSE 100
7274
+0.23%

BEL 20
3507
+0.12%

AEX
756
+0.30%

SMI
10922
+0.43%

FTSE MIB INDEX
27872
+0.34%

IBEX 35
9253
+0.04%

OMX SWEDEN
2244
-0.11%

OMX NORDIC 40
2228
-0.45%

WIG INDEX (PLN)
67517
+0.50%

S&P 500
4399
-0.01%

DOW JONES
33859
+0.37%

NASDAQ 100
14981
-0.37%

NASDAQ CMP
13632
-0.21%

TSX COMP
19822
-0.04%

TSX VENTURE
618
+0.61%

MEXICO-IPC
53904
+0.93%

BOVESPA
118322
-0.48%

COLOMBIA INDEX
295
+1.65%

CHILE INDEX
576
-0.42%

MSCI PERU
6519
+2.70%

MERVAL
423580
+1.44%

MSCI LATIN AM.
2437
-0.31%

TOPIX
2243
-0.51%

NIKKEI 225
32190
-0.61%

KOSPI CMP
2521
-0.24%

MSCI CHINA
59
+0.87%

HANG SENG
18672
+1.67%

SHENZHEN A
2131
+0.32%

SHANGHAI A
3358
+0.22%

TWSE 50
12446
-0.12%

SET
1497
+0.43%

SENSEX 30
65344
+0.10%

MSCI SINGAPORE
5536
-0.43%

SYDNEY ASX
7004
-0.54%

MSCI PACIFIC
154
+0.03%


After hours (Indicative prices)

DAX -0.11%
FTSE 100 -0.11%
CAC 40 -0.07%
More Indexes

My Watchlist My previous session (0) Most popular (1)

Empty List

My lists
Rankings -- North America -- DOW JONES Mexico IPC Nasdaq 100 Nasdaq Composite
Russell 2000 Toronto TSX US 500    -- Europe -- AEX AEX All Shares AMX ASCX ASE
ATX BEL 20 BEL All Shares BEL Mid Bel Small CAC 40 CAC Large 60 CAC Mid & Small
CAC Mid 60 CAC Next 20 CAC Small DAX Euro Stoxx 50 Finland OMXH 25 FTSE 100
FTSE-MIB IBEX 35 MDAX OMX Copenhagen 20 OMX Nordic 40 OMX Oslo 20 PEA (Liste
Indicative) PEA PME PSI 20 Rusland RTS S&P United Kingdom SBF 120 SDAX SMI SRD
France SRD Long Only Stoxx Europe 600 Stoxx Europe 600 tr Stoxx Italy 20 Stoxx
Italy 45 Stoxx Italy TMI Sweden OMXS 30 Swiss Market (Mid Cap) Total Return
Index - CHF Swiss Market (SMI) Gross Total Return Index - CHF Swiss Middle
Companies Total Return Index - CHF TecDAX WIG 20     -- Asia, Pacific -- ASX 200
Hang Seng KOSPI Composite MSCI Pacific ex Japan Nifty 100 Nifty 50 Nifty 500
Nikkei 225 SENSEX 30 SET 50 Shanghai Composite Solar Value Chain Taiwan TWSE
Tokyo TOPIX      -- South America -- Caracas Ibovespa MSCI EM LATIN AMERICA
      -- Middle East -- CASE 30 Tel Aviv 35       
RALPH LAUREN CORPORATION
+5.40%

FORTINET, INC.
+4.99%

WYNN RESORTS, LIMITED
+4.45%

MONOLITHIC POWER SYSTEMS, INC.
+4.33%

MGM RESORTS INTERNATIONAL
+3.97%


--------------------------------------------------------------------------------

DISH NETWORK CORPORATION
-3.50%

SVB FINANCIAL GROUP
-3.71%

CORTEVA, INC.
-6.00%

FIRST REPUBLIC BANK
-9.59%

FMC CORPORATION
-12.12%

Created with Highcharts 9.3.3Financials FinancialsIndustrials
IndustrialsConsumer Non- Cyclicals Consumer Non- CyclicalsEnergyEner…
EnergyEner…Consumer Cyclicals Consumer CyclicalsTechnology TechnologyHealthcare
HealthcareBasic Materials Basic MaterialsUtilities UtilitiesReal Estate Real
Estate
Loading...
More Top / Flop
Rankings -- North America -- DOW JONES Mexico IPC Nasdaq 100 Nasdaq Composite
Russell 2000 Toronto TSX US 500    -- Europe -- AEX AEX All Shares AMX ASCX ASE
ATX BEL 20 BEL All Shares BEL Mid Bel Small CAC 40 CAC Large 60 CAC Mid & Small
CAC Mid 60 CAC Next 20 CAC Small DAX Euro Stoxx 50 Finland OMXH 25 FTSE 100
FTSE-MIB IBEX 35 MDAX OMX Copenhagen 20 OMX Nordic 40 OMX Oslo 20 PEA (Liste
Indicative) PEA PME PSI 20 Rusland RTS S&P United Kingdom SBF 120 SDAX SMI SRD
France SRD Long Only Stoxx Europe 600 Stoxx Europe 600 tr Stoxx Italy 20 Stoxx
Italy 45 Stoxx Italy TMI Sweden OMXS 30 Swiss Market (Mid Cap) Total Return
Index - CHF Swiss Market (SMI) Gross Total Return Index - CHF Swiss Middle
Companies Total Return Index - CHF TecDAX WIG 20     -- Asia, Pacific -- ASX 200
Hang Seng KOSPI Composite MSCI Pacific ex Japan Nifty 100 Nifty 50 Nifty 500
Nikkei 225 SENSEX 30 SET 50 Shanghai Composite Solar Value Chain Taiwan TWSE
Tokyo TOPIX      -- South America -- Caracas Ibovespa MSCI EM LATIN AMERICA
      -- Middle East -- CASE 30 Tel Aviv 35       
ZSCALER, INC.
+5.54%

FORTINET, INC.
+4.99%

LUCID GROUP, INC.
+4.30%

SIRIUS XM HOLDINGS INC.
+4.16%

RIVIAN AUTOMOTIVE, INC.
+2.89%


--------------------------------------------------------------------------------

TESLA, INC.
-2.37%

AMAZON.COM, INC.
-2.35%

MICROSOFT CORPORATION
-2.24%

ALPHABET INC.
-2.35%

MERCADOLIBRE, INC.
-6.71%

Created with Highcharts 9.3.3Consumer Non- Cyclicals Consumer Non-
CyclicalsTechnology TechnologyHealthcare HealthcareIndustrials
IndustrialsConsumer Cyclicals Consumer CyclicalsUtilitiesUti… UtilitiesUti…
Loading...
More Top / Flop

Currency / Forex


USD / EUR
0.9102
-0.18%

USD / CAD
1.3288
+0.07%

USD / MXN
17.0460
-0.59%

USD / BRL
4.8676
-0.09%

USD / INR
82.5570
-0.02%

USD / CNY
7.2313
+0.15%

USD / JPY
141.5420
-0.47%

USD / AUD
1.4999
+0.31%

USD / KRW
1301.4400
+0.21%

USD / HKD
7.8275
+0.01%

USD / GBP
0.7788
-0.02%

USD / CHF
0.8866
-0.27%

Forex

Commodities


GOLD
1923.75
-0.06%

CRUDE OIL (WTI)
73.50
+0.01%

CRUDE OIL (BRENT)
78.16
-0.03%

SILVER
23.05
-0.08%

PLATINUM
928.77
+1.40%

Commodities

Cryptocurrencies


BITCOIN
30295.1000
+0.41%

ETHEREUM
1868.1000
+0.27%

RIPPLE
0.4703
+0.45%

Cryptocurrencies
CATEGORIES
 * Indexes
 * Equities
 * Currencies
 * Commodities
 * Trackers / ETF
 * News
 * Analysis

FREE SERVICES
 * Watchlists
 * Virtual Portfolios
 * Newsletters and notifications
 * New member

SOLUTIONS
 * European Portfolio
 * USA Portfolio
 * Asian Portfolio
 * Stock Screener
 * Stock Picks
 * Investment Themes
 * Investment Style
 * Subscribe as customer

STOCK EXCHANGE EDITIONS
 * English (USA)
 * English (UK)
 * English (Canada)
 * Deutsch (Deutschland)
 * Deutsch (Schweiz)
 * Español
 * Français (France)
 * Français (Suisse)
 * Italiano
 * Nederlands (Nederland)
 * Nederlands (België)

ABOUT
 * Surperformance SAS
   
 * Contact
 * Legal information
 * Cookie settings


Copyright © 2023 Surperformance. All rights reserved.
Stock quotes are provided by Factset, Morningstar and S&P Capital IQ

Stock markets for all
100% Free Registration