Unibail-Rodamco-Westfield Act. SIIC ET STES FONC.EUROP.

URW: XPAR (FRA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Unibail-Rodamco-Westfield Earnings: Robust Retail Growth and Record Low Vacancy

Jack Fletcher-Price

Jul 30, 2026

URW reported 2026 first-half earnings that broadly met the markets and our expectations, with shopping centers achieving 4.5% like-for-like net rental income growth on record low vacancy rates. Guidance for 2026 adjusted recurring earnings per share between EUR 9.15-EUR 9.30 was reaffirmed.

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Unibail-Rodamco-Westfield Act. SIIC ET STES FONC.EUROP.

Unibail-Rodamco-Westfield Earnings: Robust Retail Growth and Record Low Vacancy

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