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Rodamco Europe
Unibail-Rodamco-Westfield SE (previously Unibail-Rodamco SE) is a French commercial real estate company headquartered in Paris, France. Its history originates with the formation of two separate shopping centre operators, Unibail (founded in France in 1968) and Rodamco Europe (founded in the Netherlands in 1999), which merged in 2007 and became a ''societas Europaea'' in 2009. The company acquired Australian shopping centre operator Westfield Corporation in June 2018. As of 2018, Unibail-Rodamco-Westfield is the largest commercial real estate company in Europe, and is a component of the Euro Stoxx 50 stock market index, as well as the French CAC40. Its portfolio consists of retail property, office buildings, and convention centers within Europe and North America. Many of its shopping centres use the Westfield brand launched by Westfield Group in 1960 and shared with Scentre Group for properties in Australia and New Zealand since 2014. Retail properties owned by Unibail-Rodamco b ...
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Paris
Paris () is the capital and most populous city of France, with an estimated population of 2,165,423 residents in 2019 in an area of more than 105 km² (41 sq mi), making it the 30th most densely populated city in the world in 2020. Since the 17th century, Paris has been one of the world's major centres of finance, diplomacy, commerce, fashion, gastronomy, and science. For its leading role in the arts and sciences, as well as its very early system of street lighting, in the 19th century it became known as "the City of Light". Like London, prior to the Second World War, it was also sometimes called the capital of the world. The City of Paris is the centre of the Île-de-France region, or Paris Region, with an estimated population of 12,262,544 in 2019, or about 19% of the population of France, making the region France's primate city. The Paris Region had a GDP of €739 billion ($743 billion) in 2019, which is the highest in Europe. According to the Economist Intelli ...
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Commercial Property
Commercial property, also called commercial real estate, investment property or income property, is real estate (buildings or land) intended to generate a profit, either from capital gains or rental income. Commercial property includes office buildings, medical centers, hotels, malls, retail stores, multifamily housing buildings, farm land, warehouses, and garages. In many states, residential property containing more than a certain number of units qualifies as commercial property for borrowing and tax purposes. Commercial buildings are buildings that are used for commercial purposes, and include office buildings, warehouses, and retail buildings (e.g. convenience stores, ' big box' stores, and shopping malls). In urban locations, a commercial building may combine functions, such as offices on levels 2–10, with retail on floor 1. When space allocated to multiple functions is significant, these buildings can be called multi-use. Local authorities commonly maintain strict regula ...
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Tour Ariane
Tour Ariane (English: Ariane Tower)(previously known as tour Générale between 1973 and 1995) is an office skyscraper located in La Défense, the high-rise business district situated west of Paris, France. Built in 1975, it belongs to the 2nd generation of skyscrapers in La Défense. The tower is 152 m (499 ft) tall and has 36 floors. In spite of a very conventional design, the tower offers an interesting and original cladding. The entrance of the tower was modified in the 1990s. The tower has been undergoing major refurbishment in 2009. The tower is owned by GIC Private Limited, which acquired the tower from Unibail-Rodamco-Westfield for approximately €465 million in October 2018. On 27 March 2014, the 52 years old French rock and urban climber Alain Robert, a.k.a. "the French Spider-Man", climbed the famous tower in 45 minutes. Onlookers and police gathered to watch his climb. He was arrested by police and later released without being charged. See also * La ...
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La Défense
La Défense () is a major business district in France, located west of the city limits of Paris. It is part of the Paris metropolitan area in the Île-de-France region, located in the department of Hauts-de-Seine in the communes of Courbevoie, La Garenne-Colombes, Nanterre, and Puteaux. La Défense is Europe's largest purpose-built business district, covering , for 180,000 daily workers, with 72 glass and steel buildings (of which 19 are completed skyscrapers), and of office space. Around its Grande Arche and esplanade ("le Parvis"), La Défense contains many of the Paris urban area's tallest high-rises. Les Quatre Temps, a large shopping mall in La Défense, has 220 stores, 48 restaurants and a 24-screen movie theatre. The district is located at the westernmost extremity of the ''Axe historique'' ("historical axis") of Paris, which starts at the Louvre in Central Paris and continues along the Champs-Élysées, well beyond the Arc de Triomphe along the Avenue de la Grande A ...
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Center Of New Industries And Technologies
The Centre of New Industries and Technologies ( French: Centre des nouvelles industries et technologies, abbreviated CNIT), located in Puteaux, France, is the first building ever to be developed in La Défense, west of Paris, France. It functions as a convention centre, though it also houses shops and offices such as Fnac (a media and electronics retailer found throughout France), ESSEC Business School campus for executive education, as well as a Hilton hotel. Its characteristic shape is due to the triangular plot it occupies, replacing the old Zodiac factories, on the territory of Puteaux. Opened in 1958, the CNIT underwent two restructurings, in 1988 and 2009. It is managed by the company Viparis. History The initial construction of the building took place between 1957 and 1958, with the first concrete poured on May 8. Its architects were Robert Camelot, Jean de Mailly, Bernard Zehrfuss accompanied by the engineer Jean Prouvé for the exterior. The structural engineer for th ...
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Les Halles
Les Halles (; 'The Halls') was Paris' central fresh food market. It last operated on January 12, 1973, after which it was "left to the demolition men who will knock down the last three of the eight iron-and-glass pavilions""Les Halles Dead at 200, A Victim of Progress", ''The New York Times'', January 13, 1973, p. 8 and replaced by the Westfield Forum des Halles, a modern shopping mall built largely underground and directly connected to the massive RER and métro transit hub of Châtelet–Les Halles. The shopping mall welcomes visitors daily. A major reconstruction of the mall was undertaken in 2010, and the new version of the Forum des Halles was inaugurated in 2018. The 2.5 hectare Canopy was opened on 5 April 2016. In 2017, the Forum des Halles was the second most visited shopping mall in the Paris region with 42 million yearly visitors. History The market of the Little Fields In the 11th century, a market grew up by a cemetery to the northwest of Paris in an area called ...
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Worms & Cie
Sequana Capital was a French pulp and paper company. History The company was founded as a coal importing business known as Worms and Cie in 1848. After diversifying into banking and finance it acquired Arjo Wiggins Arjowiggins is an independent paper manufacturer based in Scotland. History The company's origins go back to 1761 when Buckland Mill in Dover in Kent commenced operations. Meanwhile, in France, in the middle of the 20th century there were four ..., a paper manufacturing business, in 2000. The founding Worms family stood down from the board in 2004 and it was renamed Sequana Capital in 2005. Following a protracted dispute with British American Tobacco over the payment of dividends, it was placed in liquidation in 2019. References Pulp and paper companies of France {{France-company-stub ...
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Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also reports on related subjects such as technology, communications, science, politics, and law. It is based in Jersey City, New Jersey. Competitors in the national business magazine category include ''Fortune'' and ''Bloomberg Businessweek''. ''Forbes'' has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is well known for its lists and rankings, including of the richest Americans (the Forbes 400), of the America's Wealthiest Celebrities, of the world's top companies (the Forbes Global 2000), Forbes list of the World's Most Powerful People, and The World's Billionaires. The motto of ''Forbes'' magazine is "Change the World". Its chair and editor-in-chief is Steve Fo ...
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New Zealand
New Zealand ( mi, Aotearoa ) is an island country in the southwestern Pacific Ocean. It consists of two main landmasses—the North Island () and the South Island ()—and over 700 smaller islands. It is the sixth-largest island country by area, covering . New Zealand is about east of Australia across the Tasman Sea and south of the islands of New Caledonia, Fiji, and Tonga. The country's varied topography and sharp mountain peaks, including the Southern Alps, owe much to tectonic uplift and volcanic eruptions. New Zealand's capital city is Wellington, and its most populous city is Auckland. The islands of New Zealand were the last large habitable land to be settled by humans. Between about 1280 and 1350, Polynesians began to settle in the islands and then developed a distinctive Māori culture. In 1642, the Dutch explorer Abel Tasman became the first European to sight and record New Zealand. In 1840, representatives of the United Kingdom and Māori chiefs ...
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Australia
Australia, officially the Commonwealth of Australia, is a Sovereign state, sovereign country comprising the mainland of the Australia (continent), Australian continent, the island of Tasmania, and numerous List of islands of Australia, smaller islands. With an area of , Australia is the largest country by area in Oceania and the world's List of countries and dependencies by area, sixth-largest country. Australia is the oldest, flattest, and driest inhabited continent, with the least fertile soils. It is a Megadiverse countries, megadiverse country, and its size gives it a wide variety of landscapes and climates, with Deserts of Australia, deserts in the centre, tropical Forests of Australia, rainforests in the north-east, and List of mountains in Australia, mountain ranges in the south-east. The ancestors of Aboriginal Australians began arriving from south east Asia approximately Early human migrations#Nearby Oceania, 65,000 years ago, during the Last Glacial Period, last i ...
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Scentre Group
Scentre Group Limited is a shopping centre company with retail destinations operating under the Westfield brand in Australia and New Zealand. The corporation undertakes ownership, development, design, construction, funds/asset management, property management, leasing, and marketing activities for its centres. The group was created in June 2014 when the Westfield Group separated its American and European businesses from its operations in Australia and New Zealand. The company is listed on the Australian Securities Exchange and had a shopping centre portfolio that includes investment interests in 42 shopping centres across Australia and New Zealand in 2019, encompassing around 12,544 retail outlets and total assets under management in excess of A$39.4 billion in 2015. History Scentre Group has origins in the western suburbs of Sydney. The first development was named "Westfield Place", and opened in July 1959 in Blacktown. The name Westfield is derived from "west" related to the ...
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Stock Market Index
In finance, a stock index, or stock market index, is an index that measures a stock market, or a subset of the stock market, that helps investors compare current stock price levels with past prices to calculate market performance. Two of the primary criteria of an index are that it is ''investable'' and ''transparent'': The methods of its construction are specified. Investors can invest in a stock market index by buying an index fund, which are structured as either a mutual fund or an exchange-traded fund, and "track" an index. The difference between an index fund's performance and the index, if any, is called ''tracking error''. For a list of major stock market indices, see List of stock market indices. Types of indices by weighting method Stock market indices could be segmented by their index weight methodology, or the rules on how stocks are allocated in the index, independent of its stock coverage. For example, the S&P 500 and the S&P 500 Equal Weight both covers the sam ...
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