Unibail-Rodamco-Westfield/€URW

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About Unibail-Rodamco-Westfield

Unibail-Rodamco-Westfield SE (URW) is a commercial real estate company headquartered in Paris, France, specializing in owning, developing, and operating high-quality assets across Europe and the United States. The company's portfolio includes 67 shopping centers in 11 countries, with 39 branded under the Westfield name, attracting over 900 million visits annually. URW also manages high-quality offices and 10 convention and exhibition venues in Paris, with a total portfolio valued at €50 billion as of December 31, 2024. The company emphasizes sustainability through its Better Places plan, aiming to positively impact the environmental, social, and economic aspects of the communities it serves.
Ticker
€URW
Primary listing
PAR
Employees
1,963
Headquarters
Paris, France

URW Metrics

BasicAdvanced
€13B
8.61
€10.81
1.39
€4.50
4.84%

What the Analysts think about URW

Analyst ratings (Buy, Hold, Sell) for Unibail-Rodamco-Westfield stock.
Analyst projections of the future price of Unibail-Rodamco-Westfield stock.

Bulls say / Bears say

URW’s H1 2026 operating momentum was strong: tenant sales rose 5.2%, footfall increased 2.1%, and shopping-centre vacancy reached a record-low 4.1%, supporting better leasing and rental growth. (Reuters)
Like-for-like EBITDA increased 5.3% in H1 2026, while shopping-centre net rental income rose 4.5%; URW also reaffirmed its 2026 adjusted recurring EPS target of €9.15–€9.30 and €5.50 per-share distribution guidance. (URW)
Moody’s upgraded URW to Baa1 in August 2026, improving the company’s investment-grade profile and potentially supporting access to debt markets and funding costs as it executes its growth and asset-recycling plan. (URW)
Q1 2026 proportionate turnover fell 3.7% year over year to €908.2 million, with disposals offsetting otherwise healthy tenant-sales growth; this highlights near-term top-line pressure from portfolio recycling. (Reuters)
URW’s H1 2026 net debt-to-EBITDA remained high at 9.1x including hybrids, despite net debt declining to €20.1 billion and LTV improving to 41.9%; the leverage profile leaves earnings and asset values sensitive to financing costs and valuation changes. (URW)
The planned acquisition of the remaining 50% of Westfield UTC for approximately $705 million requires cash and up to 2.6 million new URW shares, creating execution, capital-allocation and potential dilution risk even though management expects the deal to be AREPS- and LTV-neutral. (URW)
Data summarised monthly by Lightyear AI. Last updated on 8 Sept 2026.

URW Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

URW Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise

Funds containing URW

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Market data provided by CBOE Europe and Deutsche Börse.