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Unibail-Rodamco-Westfield
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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Westfield Corporation
Westfield Corporation was an Australian commercial real estate company and operator of shopping centres. It was founded with the spin-off of the Westfield Group in 2014, where assets in Australia and New Zealand formed the Scentre Group and assets in the United Kingdom and United States formed the Westfield Corporation. It was listed on the Australian Stock Exchange with the ticker symbol "WFD". Westfield accepted a $32.8 billion takeover offer from Unibail-Rodamco, excluding Westfield Labs, on 12 December 2017. The takeover was completed, and parent company was renamed Unibail-Rodamco-Westfield, in June 2018. Westfield undertook ownership, development, design, construction, funds/asset management, property management, leasing, and marketing activities for its centres. Its portfolio included investment interests in 40 shopping centres across the United States and Europe, encompassing around 7,500 retail outlets and total assets under management in excess of $28.5 billi ...
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Xavier Niel
Xavier Niel (born 25 August 1967) is a French billionaire businessman involved in the telecommunications and technology industry. He is best known as founder and majority shareholder of the French Internet service provider and mobile operator Iliad trading under the Free brand (France's second-largest ISP, and third mobile operator). He is also co-owner of the newspaper ''Le Monde'', and co-owner of the rights of the song "My Way" and owner of Monaco Telecom, Salt Mobile SA and Eir. He is chairman and chief strategy officer for Iliad, but also a board member of KKR and Unibail-Rodamco-Westfield. As of August 2021, his net worth is estimated at US$10.5 billion. Early life and education Xavier Niel was born into a middle class family; his father is a lawyer for a pharmaceutical laboratory, and his mother is an accountant. He studied in the 12th arrondissement of Paris at the Saint-Michel-de-Picpus Catholic private high school. Niel started early by developing telecommunication ...
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Societas Europaea
A ''societas Europaea'' (, ; "European society" or "company"; plural: ; abbr. SE) is a public company registered in accordance with the corporate law of the European Union (EU), introduced in 2004 with the Council Regulation on the Statute for a European Company. Such a company may more easily transfer to or merge with companies in other member states. As of April 2018, more than 3,000 registrations have been reported, including the following nine components (18%) of the Euro Stoxx 50 stock market index of leading eurozone companies (excluding the SE designation): Airbus, Allianz, BASF, E.ON, Fresenius, LVMH Moët Hennessy Louis Vuitton (and its parent company Dior), SAP, Schneider Electric and Unibail-Rodamco-Westfield. National law continues to supplement the basic rules in the Regulation on formation and mergers. The European Company Regulation is complemented by an Employee Involvement Directive which manages the rules for participation by employees on the company ...
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Societas Europaea
A ''societas Europaea'' (, ; "European society" or "company"; plural: ; abbr. SE) is a public company registered in accordance with the corporate law of the European Union (EU), introduced in 2004 with the Council Regulation on the Statute for a European Company. Such a company may more easily transfer to or merge with companies in other member states. As of April 2018, more than 3,000 registrations have been reported, including the following nine components (18%) of the Euro Stoxx 50 stock market index of leading eurozone companies (excluding the SE designation): Airbus, Allianz, BASF, E.ON, Fresenius, LVMH Moët Hennessy Louis Vuitton (and its parent company Dior), SAP, Schneider Electric and Unibail-Rodamco-Westfield. National law continues to supplement the basic rules in the Regulation on formation and mergers. The European Company Regulation is complemented by an Employee Involvement Directive which manages the rules for participation by employees on the company ...
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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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AEX Index
The AEX index, derived from Amsterdam Exchange index, is a stock market index composed of Dutch companies that trade on Euronext Amsterdam, formerly known as the ''Amsterdam Stock Exchange''. Started in 1983, the index is composed of a maximum of 25 of the most frequently traded securities on the exchange. It is one of the main national indices of the stock exchange group Euronext alongside Euronext Brussels' BEL20, Euronext Dublin's ISEQ 20, Euronext Lisbon's PSI-20, the Oslo Bors OBX Index, and Euronext Paris's CAC 40. History The AEX started from a base level of 100 index points on 3 January 1983 (a corresponding value of 45.378 is used for historic comparisons due to the adoption of the Euro). The index's peak to date was set on 26th October 2021 816.91 After the dot-com bubble in 1999, the index value more than halved over the following three years before recovering in line with most global financial markets. The AEX index dealt with its second largest one-day loss on March ...
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CAC 40
The CAC 40 (french: CAC quarante ) (''Cotation Assistée en Continu'') is a benchmark French stock market index. The index represents a capitalization-weighted measure of the 40 most significant stocks among the 100 largest market caps on the Euronext Paris (formerly the Paris Bourse). It is a price return index. It is one of the main national indices of the pan-European stock exchange group Euronext alongside Euronext Amsterdam's AEX, Euronext Brussels' BEL20, Euronext Dublin's ISEQ 20, Euronext Lisbon's PSI-20 and the Oslo Bors OBX Index. History The CAC 40 takes its name from the Paris Bourse's early automation system Cotation Assistée en Continu (''Continuous Assisted Quotation''). Its base value of 1,000 was set on 31 December 1987, equivalent to a market capitalisation of 370,437,433,957.70 French francs. On 1 December 2003, the index's weighting system switched from being dependent on total market capitalisation to free float market cap only, in line with other leading ...
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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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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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