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Summary: UNIBAIL Aug 01 Product Image

Summary: UNIBAIL Aug 01

  • Published: August 2001
  • Standard & Poors

Abstract
Unibail is a French property investment company with an appraised property portfolio of about -6.4 billion at the beginning of 2001. The ratings on Unibail primarily reflect the company's leading position in the Paris commercial property market, the successful strategy the company has conducted with regard to prime office properties in Paris' central business district since 1996, and its leading position in the sector of large shopping centers, which Standard & Poor's views as one of the strongest of the French market. The ratings also take into consideration the company's more aggressive financial profile following its acquisition of large commercial property assets (Crossroads Property Investors (CPI) and Vivendi's property portfolio) in 1999. These transactions had the immediate effect of increasing...

Companies mentioned in this report are: Unibail-Rodamco
Action: Review

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Unibail-Rodamco

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