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Unibail-Rodamco-Westfield ADR

URW: XASX (AUS)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
A$3.20KxcPjljvthfs

Unibail-Rodamco-Westfield Still Has Too Much Debt, but it Has Time to Sell Assets

Business Strategy and Outlook

Unibail-Rodamco-Westfield was formed in 1968, acquiring several large malls through to 1995 and offices thereafter. In 2000 it launched a conventions and exhibitions business and is now a European leader in the sector. In 2007 Unibail merged with Rodamco, becoming the largest retail REIT in continental Europe.

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