URW 1.43% $6.19 unibail-rodamco-westfield

Ann: URW FY 2018 Results, page-17

  1. 837 Posts.
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    Thanks.  Yeah I get that there's a plan in place to rid themselves of 2nd tier retail and I like that.  I think what happened here is they have sped up the divestment process slightly as a result of the Westfield purchase not landing quite as they wanted.  Don't get me wrong.  There's lots to like here.  I just expected these experienced guys to achieve the outcome they espoused when spruiking the deal and they haven't quite.  I hope that this is one of those stocks that offers a consistent result with minor growth only needed to keep me happy.  Just a small step backwards this year so we'll see.  
 
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