unibail

buylesschoosewell.com
FEU VERT POUR LA TOUR TRIANGLE | Buy Less Choose Well
Le Conseil de Paris a donné hier son feu vert au projet de la Tour Triangle dans le 15ème arrondissement. Cette Tour de 42 étages et 180 mètres portée par le promoteur Unibail et conçue par le cabinet d’architectes Herzog & de Meuron est sans doute la première d’une série à venir dans les années 2020.
gardaremlamenude.com
Compte-rendu du blocage du 15 au 18 septembre - NON à Val Tolosa
By le Collectif

Suite à l'action du lundi 7 septembre nous avions pu obtenir une déclaration sans ambiguïté de la part de Georges Meric, Président du Conseil Départemental. Celui-ci demandant à Unibail de cesser les travaux. Or dés le lendemain l'injonction était ignorée par le promoteur et les travaux ont repris.

Devant le fait accompli, le collectif NON à Val Tolosa, après avoir communiqué sa déception de voir une firme multinationale ignorer les demandes d'apaisement, a décidé un blocage indéterminé du chantier sur le plateau.

Voici un retour sur la semaine d'action sur le terrain.

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Unibail-Rodamco offre un résultat supérieur à ses attentes

PARIS (Reuters) - Unibail-Rodamco a annoncé mardi avoir dégagé en 2015 un résultat net récurrent par action en repli de 4,2% mais supérieur à ses prévisions.

La société foncière indique dans un communiqué que son résultat net récurrent (RNR) a atteint 10,46 euros par action sur l'ensemble de son exercice, contre une prévision comprise entre 10,25 et 10,45 euros.

Retraité des cessions réalisées en 2014, son RNR ressort néanmoins en hausse de 8,3%.

Le groupe dit s'attendre pour l'année en cours à un résultat net récurrent par action compris entre 11 et 11,20 euros.

(Matthieu Protard, édité par Julien Ponthus)

Unibail-Rodamco : le RSI est autour de sa zone de neutralité.

Sur les 5 derniers jours, le titre a peu évolué, perdant 2.8%. Depuis le début de l'année, il est en baisse de 3.8%.

Du point de vue de l'analyse technique : le RSI est supérieur à sa zone de neutralité des 50. Le MACD est supérieur à sa ligne de signal et négatif. Le MACD doit dépasser la ligne du zéro pour valider une poursuite de la hausse. Enfin, le titre est inférieur à sa moyenne mobile 50 jours.
A noter que les volumes sont en hausse depuis quelques jours.

Graphiquement : les niveaux de résistances se situent sur : 245.4 puis 251.7. Tandis que les prochains supports sont sur : 220.3 puis 216.3.

Notre préférence : Achat court terme sur Unibail-Rodamco (UL).

Le (Taiwan OTC: 8490.TWO - actualité) point d'invalidation de notre scénario est situé sur : 216.3.
Cours de référence : 225.5.
Copyright 1999 - 2015 TRADING CENTRAL . Tous droits réservés (Other OTC: UBGXF - actualité) .

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capitalcube.com
Unibail-Rodamco SE Earnings Analysis: 2015 By the Numbers
Click here to see latest analysisUnibail-Rodamco SE reports financial results for the year ended December 31, 2015.HighlightsChange in operating cash flow of -32.80% compared to same period last year is about the same as change in earnings, likely no significant movement in accruals or reserves.Earnings growth from operating margin improvements as well as one-time items.The […] (Read more...) The post Unibail-Rodamco SE Earnings Analysis: 2015 By the Numbers appeared first on CapitalCube.
By CapitalCube
Unibail-Rodamco: signe un bail pour le haut de Majunga.

(CercleFinance.com) - Unibail-Rodamco annonce que la tour Majunga est désormais entièrement louée moins de 18 mois après sa livraison, suite à la conclusion d'un bail de longue durée avec Deloitte France portant sur les 19 étages hauts de la tour.

Le (Taiwan OTC: 8490.TWO - actualité) cabinet de services professionnels installera donc, dans le courant de l'année 2016, son siège français dans les 31.000 m² des 19 étages hauts de cette tour située sur le côté Sud de l'esplanade de La Défense.

‘La qualité des deux futurs occupants vient conforter la stratégie de différenciation d'Unibail-Rodamco’, commente son président du directoire Christophe Cuvillier. 'La tour Trinity (HKSE: 0891-OL.HK - actualité) , dont les travaux ont déjà commencé, incarnera également cette nouvelle génération de tours’.

Copyright © 2016 CercleFinance.com. Tous droits réservés (Other OTC: UBGXF - actualité) .

UNIBAIL-RODAMCO SE : As part of its development, Deloitte will move into the Majunga tower, now fully let less than 18 months after delivery

Paris, Amsterdam, February 2nd, 2016

Press release

As part of its development, Deloitte will move into the Majunga tower,
now fully let less than 18 months after delivery

Following the conclusion of a long-term lease with Deloitte France for the top 19 floors of the tower, Unibail-Rodamco announces the Majunga tower is now fully let less than 18 months after delivery. The space will be available to Deloitte France in 2016.

Less than 18 months after it was delivered, the Majunga tower, located on the south side of the La Défense esplanade, is fully let. After signing a lease with AXA IM in October 2014, it is Deloitte, a leader in professional services in France and one of the leading firms worldwide, which will set-up its French headquarters in 31,000 m² on the top 19 floors of the Majunga tower.

Alain Pons, Chairman of Deloitte France and Global Deputy CEO: “We wanted an emblematic place and a cutting-edge work environment, focused on our clients and employees. Majunga is a choice that matches Deloitte`s leading position in France and our goals for the coming years. With a set of unique innovations in Europe and open to its environment, this eco-friendly building is undoubtedly one of the flagship buildings currently on the market.

This transaction illustrates Unibail-Rodamco`s strategy, the “New Art Of Working”, of which Majunga is the first example. The well-being of employees is at the heart of the design of the Majunga tower, which offers a calm and spacious working environment and unique loggias or balconies on each floor.

In a difficult market, the successful leasing of the entire Majunga tower shows the need for modern, functional and user-friendly offices, meeting users` daily requirements. This success also marks the continued appeal of La Défense for large international groups, reinforcing its position as the leading business district in Europe.

Christophe Cuvillier, Chairman of the Board of Unibail-Rodamco: “Less than 18 months after delivery, I am delighted that the Majunga tower is now fully let. The quality of these two occupants illustrates Unibail-Rodamco`s strategy of differentiation. The Trinity tower, already under construction, is the next of this new generation of towers. It is due to be delivered at the end of 2018.”

For further information, please contact:

Investor Relations (Unibail-Rodamco)
Antoine Onfray
+33 1 53 43 72 87
Antoine.onfray@unibail-rodamco.com

Marine Huet
+33 1 76 77 58 02
marine.huet@unibail-rodamco.com

Media Relations (Unibail-Rodamco)
Pauline Duclos-Lenoir
+33 1 76 77 57 94
pauline.duclos-lenoir@unibail-rodamco.com

Media Relations (Deloitte)
Sarah Lheritier
+33 1 55 61 48 65
slheritier@deloitte.fr

About Unibail-Rodamco
Created in 1968, Unibail-Rodamco SE is Europe`s largest listed commercial property company, with a presence in 12 EU countries, and a portfolio of assets valued at €37.8 billion as of December 31, 2015. As an integrated operator, investor and developer, the Group aims to cover the whole of the real estate value creation chain. With the support of its 1,995 professionals, Unibail-Rodamco applies those skills to highly specialised market segments such as large shopping centres in major European cities and large offices and convention & exhibition centres in the Paris region.
The Group distinguishes itself through its focus on the highest architectural, city planning and environmental standards. Its long term approach and sustainable vision focuses on the development or redevelopment of outstanding places to shop, work and relax. Its commitment to environmental, economic and social sustainability has been recognised by inclusion in the DJSI (World and Europe), FTSE4Good and STOXX Global ESG Leaders indexes.
The Group is a member of the CAC 40, AEX 25 and EuroSTOXX 50 indices. It benefits from an A rating from Standard & Poor`s and Fitch Ratings.
For more information, please visit our website: www.unibail-rodamco.com

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms. In France, Deloitte SA is the member firm of Deloitte Touche Tohmatsu Limited, and professional services are provided by its subsidiaries and affiliates.
Deloitte provides audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 150 countries, Deloitte brings world-class capabilities and high-quality service to clients, delivering the insights they need to address their most complex business challenges. Deloitte`s approximately 225,000 professionals are committed to becoming the standard of excellence.
In France, Deloitte calls on diversified expertise to meet the challenges of its clients of all sizes from all industries - major multinationals, local micro-companies and medium-sized enterprises. With the expertise of its 9,400 professionals and partners, Deloitte is a leading player in audit and risk services, consulting, financial advisory services, tax & legal and accounting, based on a multidisciplinary offering and a set of action principles attuned to the requirements of our environment.
© 2016 Deloitte SAS

UR - Majunga



This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: UNIBAIL-RODAMCO SE via GlobeNewswire

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Marchés : des mots d'analystes

UBS abaisse sa recommandation sur Unibail-Rodamco d'acheter à neutre.

Alphavalue abaisse d'acheter à accumuler sa recommandation sur BNP Paribas et Natixis.

BofA ML démarre le suivi de Bic à sousperformance en visant 130 euros.

Natixis rehausse Lagardère de neutre à achat en visant 30 euros contre 25 précédemment.

Portzamparc dégrade GTT de renforcer à conserver….

Actualités relatives :

Marchés : des mots d'analystes

UBS (NYSEArca: FBGX - actualité) abaisse sa recommandation sur Unibail-Rodamco d'acheter à neutre.

Alphavalue abaisse d'acheter à accumuler sa recommandation sur BNP Paribas (Xetra: 887771 - actualité) et Natixis (Paris: FR0000120685 - actualité) .

BofA ML démarre le suivi de Bic à sousperformance en visant 130 euros.

Natixis rehausse Lagardère (Paris: FR0000130213 - actualité) de neutre à achat en visant 30 euros contre 25 précédemment.

Portzamparc dégrade GTT de renforcer à conserver….


Retrouvez cet article sur Boursier.com

UNIBAIL-RODAMCO SE: FULL-YEAR RESULTS 2015

Paris, Amsterdam, February 2nd, 2016

Press Release

FULL-YEAR RESULTS 2015

Another successful year for the Group

Recurring Earnings per Share (recurring EPS) at €10.46, exceeding the range of €10.15 - €10.35 per share guidance for 2015 provided in January 2015.

  • Recurring Earnings per Share (recurring EPS) of €10.46, representing underlying growth of +8.3% from the recurring EPS for 2014 adjusted for the disposals in 2014 and 20151
  • Solid operating performance: Like-for-like Group Net Rental Income up by +3.2%, of which +3.9% for its shopping centre division
  • Record low cost of debt at 2.2% while extending average debt maturity to 6.5 years
  • Total portfolio value increased to €37.8 Bn, up by +9.2%
  • Net asset value per share:
    • Going Concern Net Asset Value per share: €186.70, up by +12.3%
    • EPRA NNNAV per share: €169.90, up by +12.4%
  • €7.4 Bn prime quality development pipeline

Figures may not add up due to rounding.

“2015 has been another successful year for Unibail-Rodamco. The Group delivered three unique new shopping centres: Minto (Mönchengladbach), Polygone Riviera (Cagnes-sur-Mer) and Mall of Scandinavia (Stockholm). Their success was immediate; each of them drew more than 1 million visits in less than 4 weeks. In December 2015, the Group signed a binding term sheet for a lease agreement with Deloitte for the remaining 19 floors in Majunga (La Défense) which was ratified and signed on January 18, 2016. Majunga is now fully let. Unibail-Rodamco also executed a number of successful financing firsts and asset-liability management exercises, further decreasing its average cost of debt to a record low of 2.2%. The consistent execution of Unibail-Rodamco`s strategy by our excellent teams generated Recurring EPS of €10.46, representing an underlying growth of +8.3%.”
Christophe Cuvillier, CEO and Chairman of the Management Board

RECURRING EPS AT €10.46, UP +8.3% COMPARED TO ADJUSTED FY-2014

The Group`s recurring EPS came to €10.46 in 2015, representing an increase of +8.3% from the recurring EPS for 2014 adjusted for the disposals in 2014 and the further disposals effected in 2015.
This successful year has been driven by solid like-for-like net rental income (NRI) growth in the shopping centres, successful deliveries and a record-low cost of debt.
Reported recurring EPS decreased by only -4.2% in 2015 compared to 2014, despite the impact of the massive disposals in 2014 (-€1.15) and 2015 (-€0.11) and ever lower indexation.

CONSISTENT EXECUTION YIELDS STRONG RESULTS

Shopping Centres
Although affected by the terrorist attacks in Paris last year, the Group`s tenant sales were up by +4.1% through December 31, 2015, second only to the +5.3% recorded in 2007. Through November 2015, the Group`s tenant sales were up by +4.6%, outperforming national sales indices by 240 bps due to, among others, the very strong performance in the Group`s Spanish, French and Central European shopping centres. The like-for-like NRI for shopping centres grew by +3.9% compared to 2014, 360 bps above indexation. At only 0.3%, indexation was the lowest since 2007. The Group signed 1,367 leases on standing assets, with a Minimum Guaranteed Rent uplift of +18.2%, and +20.2% for its large shopping centres. Unibail-Rodamco signed 196 leases with international premium retailers, up by +15% from 170 in 2014. The EPRA vacancy rate remained low at 2.5%.

Offices
The Paris region office market saw a gradual recovery in take-up in 2015. Unibail-Rodamco achieved a number of notable leasing successes, with So Ouest Plaza (Levallois, Paris region) delivered in H1-2015 and fully let to L`Oréal, and the complete letting of the remaining 31,000m² of GLA in the Majunga tower to Deloitte. Majunga is now fully let.

Convention & Exhibition
Convention & Exhibition`s strong performance was driven by successful shows such as “SIMA”, “Batimat”, the “Le Bourget International Air Show”, the triennial “Intermat” show and “COP21”. NRI was up by +5.1% compared to 2014.

STRONG OPERATING RESULTS CREATING VALUE

The Gross Market Value of the Group`s assets as at December 31, 2015, amounted to €37.8 Bn, up +9.2% in total and up +6.0% like-for-like compared to December 31, 2014, driven primarily by rental and yield effects of +2.6% and +3.3% respectively, of the shopping centres division.
The average net initial yield of the retail portfolio compressed to 4.6% as at December 2015 (vs. 4.8% as at December 2014), reflecting market yield contraction and the increased quality of the portfolio. Yields in the office sector saw a strong recovery on the back of buoyant investor demand.

Going Concern NAV stands at €186.70 per share as at December 31, 2015, an increase of +€20.40 (+12.3%) compared to €166.30 as at December 31, 2014. This increase was the sum of (i) the value creation of €29.24 per share, (ii) the mark-to-market of the fixed-rate debt and derivatives for +€0.76, and (iii) the impact of the dividend of €9.60 per share paid in 2015.

€7.4 Bn DEVELOPMENT PIPELINE TO DRIVE FUTURE GROWTH

In 2015, the Group delivered €2.0 Bn of projects, including new retail assets Minto (Mönchengladbach), Polygone Riviera (Cagnes-sur-Mer) and Mall of Scandinavia (Stockholm), restructured and/or extended shopping centres, mainly Täby Centrum (Stockholm), Euralille (Lille) and Ruhr Park (Bochum), and delivered the fully let So Ouest Plaza office tower (Levallois, Paris region), which includes a cinema and restaurant right next to the So Ouest shopping centre. The Group added €1.4 Bn of new projects to the pipeline, including the Triangle tower project (Paris) following its approval by the Paris City Council on June 30, 2015. The total investment cost of the development pipeline amounts to €7.4 Bn as at December 31, 2015, compared to €8.0 Bn as at December 31, 2014.

ACTIVE BALANCE SHEET MANAGEMENT CONTRIBUTes TO STRONG FINANCIAL PERFORMANCE

The Group took advantage of very favorable market windows in 2015 to refinance €1.9 Bn of debt at lower rates and with longer maturities. In addition, the Group restructured part of its hedging positions following the European Central Bank meeting on December 3rd 2015.
The average cost of debt of Unibail-Rodamco decreased to a new record low of 2.2% (from 2.6% in 2014), and the average maturity of its debt increased to 6.5 years. Financial ratios are strong: Loan-To-Value (LTV) decreased to 35% (vs. 37% as at December 2014) and the interest coverage ratio increased to 4.6x, up from 4.2x in 2014. The Group increased liquidity further, with a record level of €5.45 Bn of undrawn credit lines at December 31, 2015.

OUTLOOK FOR 2016

Adjusted for the impact of the €1.6 Bn of net disposal proceeds in 2015 (-2.6%), the Group anticipates its underlying rate of growth for 2016 to be in line with the +6% to +8% announced last year.
The successful restructuring of its hedging portfolio will provide an additional benefit in 2016, bringing the growth to between +8% and +10%. Consequently, the Group expects recurring earnings per share in 2016 of between €11.00 and €11.20 per share.

DIVIDEND

In 2016, Unibail-Rodamco will again pay its dividend in two installments. For the 2015 fiscal year, the Group will propose a cash dividend of €9.70 per share, subject to the approval of the Annual General Meeting (AGM) on April 21, 2016. The payment schedule will be as follows:

  • Payment of an interim dividend of €4.85 on March 29, 2016 (ex-dividend date March 23, 2016); and
  • Payment of a final dividend of €4.85 on July 6, 2016 (ex-dividend date July 4, 2016).

For 2016 and thereafter, the Group intends to increase its annual cash distribution in line with its recurring EPS growth.

For further information, please contact:

Investor Relations
Antoine Onfray
+33 1 53 43 72 87
antoine.onfray@unibail-rodamco.com

Marine Huet
+33 1 76 77 58 02
marine.huet@unibail-rodamco.com

Media Relations
Pauline Duclos-Lenoir
+33 1 76 77 57 94
pauline.duclos-lenoir@unibail-rodamco.com

About Unibail-Rodamco
Created in 1968, Unibail-Rodamco SE is Europe`s largest listed commercial property company, with a presence in 12 EU countries, and a portfolio of assets valued at €37.8 billion as of December 31, 2015. As an integrated operator, investor and developer, the Group aims to cover the whole of the real estate value creation chain. With the support of its 1,995 professionals, Unibail-Rodamco applies those skills to highly specialised market segments such as large shopping centres in major European cities and large offices and convention & exhibition centres in the Paris region.
The Group distinguishes itself through its focus on the highest architectural, city planning and environmental standards. Its long term approach and sustainable vision focuses on the development or redevelopment of outstanding places to shop, work and relax. Its commitment to environmental, economic and social sustainability has been recognised by inclusion in the DJSI (World and Europe), FTSE4Good and STOXX Global ESG Leaders indexes.
The Group is a member of the CAC 40, AEX 25 and EuroSTOXX 50 indices. It benefits from an A rating from Standard & Poor`s and Fitch Ratings.
For more information, please visit our website: www.unibail-rodamco.com



[1] 2014 recurring EPS adjusted for the impact of (i) the disposals in 2014 (-€1.15) and (ii) the further disposals effected in 2015 (-€0.11).

UR FY 2015 EN



This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: UNIBAIL-RODAMCO SE via GlobeNewswire

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