Investor relations

Unibail-Rodamco, the leading listed European commercial property operator, investor and developer, is active in three major business lines: shopping centres, offices and convention-exhibition centres.
For each core business, Unibail-Rodamco aims to maximise shareholder value and return on investment through proactive management, a dynamic acquisition and disposal policy, and a high level of expertise in the management of major development and refurbishment projects.

Unibail-Rodamco: a unique player

• Leading listed European commercial property operator, investor and developer with a portfolio of high quality assets valued at €23.3 billion*
• Listed on the Paris stock exchange since 1972 and part of the French CAC 40, AEX indexes (Amsterdam) and EURO STOXX 50.
• Largest listed REIT (real estate investment trust) in Europe with favourable, transparent tax structure in France and the Netherlands
• One of Europe’s most liquid REITs
• Strongest rating in the industry: "A" rated by Standard & Poor’s and "A" by Fitch
• Strongest financial ratios in the industry: 4.1x interest coverage ratio and 31% Loan to Value
• A high dividend/distribution policy of 85% to 95% of recurring earnings per share
• A socially responsible company: listed on the FTSE4Good and DJSI World indexes

Vision

The Group’s success is founded on its ability to obtain excellent returns by creating strong relationships with tenants and communities and comfortable, welcoming spaces for people to work, shop, relax and do business. Whether managing existing assets or developing new offices and shopping centres, the Group is committed to optimising profitability and maintaining its strong financial ratios.

Financial communication

Unibail-Rodamco is committed to communicating with its shareholders and investors. In addition to the Annual Report, the Corporate Sustainability Report, the Annual Shareholders’ Meeting and regular investor road shows and results presentations, the Group provides ad hoc updates on its activities through press releases and the corporate web site.
Investor meetings provide a balanced and complete view of the Group’s performance and the issues faced by the business. Members of the Management Board hold regular investor meetings with existing and potential shareholders in key European and North American financial centres. The Group also organises visits to shopping centres and offices to help shareholders and investors improve their understanding of key business drivers in the commercial real estate sector.

Socially responsible investment

Unibail-Rodamco seeks to achieve growth that is socially fair and environmentally sustainable. The Group is included in the Dow Jones Sustainability World Index and the FTSE4Good Index, the two main global indexes for socially responsible investment.
These indexes measure the performance of major companies which are committed to:

• good corporate governance,
• economic sustainability,
• social fairness,
• environmental performance.

Download the 2009 Annual Report (PDF, 3,9 Mb)
2009 Corporate Sustainability Report: interactive version