Europe’s biggest mall landlord has an interest in talking down its business at the moment. New lockdowns in France and the U.K. could make it easier to persuade investors to approve an unpopular €3.5 billion, equivalent to $4.08 billion, rights issue instead of listening to activists.
Unibail-Rodamco-Westfield, whose portfolio includes the Westfield malls in the U.S. and London, released much improved quarterly results on Sunday. The company collected 79% of the rent it was owed in the three months through September, up from...
The Link LonkNovember 02, 2020 at 08:53PM
https://www.wsj.com/articles/mall-landlord-gets-lucky-with-fresh-lockdowns-11604325183
Mall Landlord Gets Lucky With Fresh Lockdowns - The Wall Street Journal
https://news.google.com/search?q=fresh&hl=en-US&gl=US&ceid=US:en
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