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Unibail-Rodamco-Westfield Seeks To Sell Off US Mall Portfolio: Report

Unibail-Rodamco-Westfield Seeks To Sell Off US Mall Portfolio: Report

Unibaal-RoDamco-Westfield尋求出售US Mall投資組合:報道
Benzinga Real-time News ·  2022/04/06 02:06

Unibail-Rodamco-Westfield SE (OTC:UNBLF), the French commercial real estate company, is looking to sell off most of its U.S.-based malls after purchasing the properties four years ago for roughly $14 billion.

尤尼拜爾-羅丹科-韋斯特菲爾德東南部法國商業地產公司(場外交易代碼:UNBLF)在四年前以約140億美元的價格收購了美國的大部分購物中心後,正尋求出售這些物業。

What Happened: The Wall Street Journal reported Unibail CEO Jean-Marie Tritant announced the timeline for shedding its U.S. portfolio in an address to the company's investors. At the end of 2021, the company valued its U.S. portfolio at $13.2 billion, at the end of last year, and the Journal reported that Unibal executives were confident they could achieve their deleveraging target even if the portfolio sells at a 30% discount of its internal valuation.

發生的事情:據《華爾街日報》報道,Unibaal首席執行官Jean-Marie Tritant在對該公司投資者的講話中宣佈了剝離其美國投資組合的時間表。2021年底,Unibal對其美國投資組合的估值為132億美元,《華爾街日報》報道稱,Unibal的高管有信心實現他們的去槓桿化目標,即使該投資組合的售價比內部估值低30%。

Unibal entered the U.S. market when it acquired Westfield, an Australian-headquartered commercial real estate company with properties, in 2018. The company's U.S. portfolio consists of 27 malls, most operating under the Westfield brand, with 16 of the properties based in California. Tritant told his company's investors that a sale could be achieved "thanks to the quality of our U.S. assets…and the overall strength of the recovery, which is driving occupancy and long-term lease rental growth."

Unibal於2018年收購了總部位於澳大利亞的商業房地產公司Westfield,進入了美國市場。Westfield擁有物業。該公司在美國的投資組合包括27個購物中心,大部分以Westfield品牌運營,其中16個位於加州。Tritant告訴他的公司的投資者,出售是可以實現的,這要歸功於我們美國資產管理公司(U.S.Assets…)的質量和經濟復甦的整體勢頭,這推動了入住率和長期租賃租金的增長。

See Also: Ruell's Report: New Metaverse Tokens

另見:魯埃爾的報告:新的元宇宙令牌

Why It Happened: The COVID-19 pandemic had a deleterious impact on shopping malls, with properties remaining closed for months while consumers shifted to e-commerce for their shopping needs.

為什麼會這樣:新冠肺炎疫情對購物中心產生了有害影響,商場關閉了幾個月,而消費者則轉向電子商務來滿足購物需求。

One casualty of the pandemic was Colin Dyer's position as chairman at Unibail – he stepped down in November 2020 after activist investor Leon Bressler successfully maneuvered himself into the leadership role by insisting the company jettison its U.S. holdings in order to reduce its debt. Tritant, who became CEO in January 2021, allied himself with Bressler by insisting on a European-centric focus.

大流行的一名受害者是科林·戴爾的Unibaal董事長-在維權投資者之後,他於2020年11月辭職萊昂·佈雷斯勒通過堅持要求該公司為了減少債務而放棄所持美國股份,成功地將自己推入了領導角色。Tritant於2021年1月成為首席執行官,通過堅持以歐洲為中心的重點,與佈雷斯勒結盟。

The company has been slowly ridding itself of underperforming properties, selling a 34-acre property last month for $150 million that was the former site of Los Angeles' Promenade Mall and allowing lenders to take back five regional malls last year.

該公司一直在緩慢地擺脱表現不佳的物業,上個月以1.5億美元的價格出售了一處34英畝的物業,這是洛杉磯濱海購物中心的舊址,去年允許貸款人收回五個地區性購物中心。

Photo courtesy Westfield Mall Trumbull in Connecticut

圖片由康涅狄格州的韋斯特菲爾德購物中心特朗普提供

譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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