Unibail-Rodamco-Westfield (ASX: URW) is a giant real estate business that owns a global portfolio of retail centres, offices and convention & exhibition centres across Europe and North America. It is listed on Euronext Amsterdam, Euronext Paris and the ASX in the form of CHESS Depositary Interest (CDIs). The group receives approximately 1.2 billion visits a year. Just over a third of its underlying sales value is done in France with a quarter in the US, the rest is in European countries.
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It’s been a wild couple of weeks for shareholders of Unibail-Rodamco-Westfield (ASX:URW), with the URW share price up around 70% since the start of the month.
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