Unibail-Rodamco-Westfield ADR
URW: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$6.30 | Tzyj | Gnrqyfgjm |
Strong Trading Conditions Support Prospects for URW's Asset Sales and Debt Reduction
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.