Unibail-Rodamco-Westfield Unsponsored ADR (URMCY)

Profile

https://www.urw.com

Unibail-Rodamco-Westfield Unsponsored ADR provides U.S. investors access to Unibail-Rodamco-Westfield SE, Europe's largest commercial real estate company headquartered in Paris, France. The company owns, develops, and operates high-quality, sustainable real estate assets, primarily flagship shopping centers branded Westfield across Europe, the United Kingdom, and the United States. Its portfolio includes over 80 shopping centers attracting more than 900 million annual visits, alongside premium office buildings in Paris like the Tour Ariane and Majunga Tower, and convention and exhibition venues mainly in France. Formed through mergers—Unibail and Rodamco in 2007, followed by Westfield acquisition in 2018—the firm focuses on dynamic urban locations, emphasizing mixed-use developments and sustainability initiatives such as the Better Places 2030 strategy to reduce carbon emissions and enhance community engagement. Over 90% of rental income derives from retail properties, positioning it as a key player in the REIT - Retail sector within the real estate industry, listed on major indices like Euro Stoxx 50 and CAC 40.