Unibail-Rodamco (OTC:UNBLF) Stock, Quote.Headers.trade-ideas

Unibail-Rodamco-Westfield owns a portfolio of quality malls, about two thirds in continental Europe. Since acquiring Westfield in 2018 URW also has about 10% in the UK and about a quarter in the US, but it plans to drastically reduce exposure to the latter. More than 90% of rent comes from shopping centers, the remainder from offices, mostly Paris, as well as some offices attached to mixed-use assets around the world, and a similar amount from a conventions and exhibitions business in France.

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Unibail-Rodamco-Westfield SE (OTC: UNBLF), the French commercial real estate company, is looking to sell off most of its U.S.-based malls after purchasing the properties four years ago for roughly $14 billion.

Unibail-Rodamco-Westfield Seeks To Sell Off US Mall Portfolio: Report

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Unibail-Rodamco (OTC:UNBLF) Stock, Quote.Headers.trade-ideas

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