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Unibail-Rodamco-Westfield (LTS:0YO9) Cash Paid for Insurance Activities


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Cash Paid for Insurance Activities only applicable to companies reporting Cash Flow from Operations in direct method.


Unibail-Rodamco-Westfield (LTS:0YO9) Business Description

Industry
Address
7, Place du Chancelier Adenauer - CS, Paris, FRA, 31622-772
Unibail-Rodamco-Westfield owns a portfolio of quality malls, about two thirds in continental Europe. Since acquiring Westfield in 2018 URW also has about 10% in the U.K. and about 25% in the U.S., but it plans to drastically reduce exposure to the latter. More than 90% of rent comes from shopping centers, the remainder from offices, mostly Paris, as well as some offices attached to mixed-use assets around the world, and a similar amount from a conventions and exhibitions business in France.