The company was forced to make this drastic decision as local authorities mandated that all non-essential stores had to close across a number of countries in central Europe including France, Spain, Poland, Austria, the Czech Republic and Slovakia.The company pointed out its other shopping centres are still trading as normal for now, however, unsurprisingly, foot traffic within these locations has been reduced substantially as the mass movement of people is being restricted. Manage your portfolio and prepare tax pack. He has post-graduate qualifications in Applied Finance and Investment from the Securities Institute of Australia. The Unibail-Rodamco-Westfield (ASX: URW) share price sunk more than 5% yesterday on the shopping centre operator's half year results. and was partially franked at …
After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more. Login to Computershare. Unibail-Rodamco-Westfield (URW) is the listed real estate company in Europe. Unibail S.A. Unibail-Rodamco's operations are focused on large shopping centres in major European cities, the large office buildings in the heart and west of Paris and major convention and exhibition venues in and around Paris. Please note: this will take you to one of our external sites. This morning, Unibail-Rodamco-Westfield announced that its shopping centres across Europe are substantially closed, although supermarkets, other essential food stores, and pharmacies are mainly allowed to open, depending on the current local regulations. The company was forced to make this drastic decision as local authorities mandated that all non-essential stores had to close across a number of countries in central Europe including France, Spain, Poland, Austria, the Czech Republic and Slovakia… For a limited time, The Motley Fool Australia is giving away an urgent new investment report outlining our 5 favourite stocks for investors over 50. $3.27 Phil is passionate about the share market and investing. At the time of writing, Unibail-Rodamco-Westfield shares are trading 17.28% lower at $4.93, while the Unibail-Rodamco-Westfield is a listed real estate company in Europe, with a focus on large shopping centres in major European cities and the United States, as well as office buildings, convention and exhibition venues in Paris.This morning, Unibail-Rodamco-Westfield announced that its shopping centres across Europe are substantially closed, although supermarkets, other essential food stores, and pharmacies are mainly allowed to open, depending on the current local regulations.
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However, the company believes that its geographic diversification will position it relatively well to operate through the tough times that look to be ahead for Europe.Apart from the unfolding crisis in Europe, the Unibail-Rodamco-Westfield share price has come under extreme pressure after the company recently For the 12 months ended December 31, the company reported a net profit of €87.8 million, which was down 53% on the prior corresponding period. Phil has spent the last 25 years working as a Senior Technology Analyst for some of the leading global technology research firms.
These shares were the ASX 200's biggest losers last week For more information please see our The Motley Fool Australia, PO Box 4635, Ashmore, Qld 4214Phil Harpur has been contributing to Motley Fool Australia as a Freelance Writer since late 2019.
Over the years, his market insights have been quoted in publications such as the AFR, SMH and the Australian, and he has appeared on business TV programs including Bloomberg, CNBC, Fox Business and the ABC.
The post Unibail share price falls 5% on half-year results appeared first on Motley Fool Australia. On the day of the results release, Unibail-Rodamco-Westfield shares closed 14% lower, and its share price has fallen by over 50% since February 20.When investing expert Scott Phillips has a stock tip, it can pay to listen. The newly formed group hit the ASX boards in June 2018 at $14.65.
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