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Paris, Amsterdam, October 27, 2021 Press release Financial information as at September 30, 2021 Reopening in Continental Europe drives continued recovery, demonstrated by tenant ....
More than ever, off-plan hotel leases[1] are making headlines in the leisure real estate industry. Stemming from real estate law professional practices, off-plan hotel leases reconcile the legal and financial interests of three distinct actors: the developer (seller), the investor (owner) and the operator (tenant). ....
Press release UNIBAIL-RODAMCO-WESTFIELD REPORTS FY-2020 EARNINGS URW’s organisation has demonstrated resilience in extreme operating conditions with positive consumer demand whenever restrictions eased or lifted during 2020 Flagship destinations continue to attract leading brands and emerging players – working together to innovate in a rapidly evolving retail environment Focused operational plan for 2021 and clear commitment to deleveraging - URW will emerge as a stronger business harnessing the market rebound FY-2020 in Review Strong start to 2020 but only 70 days of normal operations, most of the year subject to various restrictions and 93 days on average “closed” (1) Like-for-like shopping centre Net Rental Income (“NRI”) down -24%, driven by rent relief and doubtful debtors as URW was heavily impacted due to central locations and F&B exposure ....
UNIBAIL-RODAMCO SE: UNIBAIL-RODAMCO-WESTFIELD REPORTS FY-2020 EARNINGS Press release UNIBAIL-RODAMCO-WESTFIELD REPORTS FY-2020 EARNINGS URW s organisation has demonstrated resilience in extreme operating conditions with positive consumer demand whenever restrictions eased or lifted during 2020 Flagship destinations continue to attract leading brands and emerging players - working together to innovate in a rapidly evolving retail environment Focused operational plan for 2021 and clear commitment to deleveraging - URW will emerge as a stronger business harnessing the market rebound FY-2020 in Review Strong start to 2020 but only 70 days of normal operations, most of the year subject to various restrictions and 93 days on average closed (1) Like-for-like shopping centre Net Rental Income ( NRI ) down -24%, driven by rent relief and doubtful debtors as URW was heavily impacted due to central locations and F&B exposure ....