URW 3.50% $5.51 unibail-rodamco-westfield

What this guy says doesn't make any sense to me.He advocates for...

  1. 878 Posts.
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    What this guy says doesn't make any sense to me.

    He advocates for no quality asset sales at all, even if it comes at the cost of a CR even bigger than 3.5bn€.

    This is monumentally stupid as 100% dilution via CR is essentially dividing your ownership of these quality assets by 2 anyway.

    Somehow, he prefers that over selling 10% of the 56.1bn€ RE portfolio and retain 90% of his previous ownership ?
 
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