URW secures a credit rating upgrade from Moody’s
The agency cites improved financial performance, strong asset quality, and disciplined deleveraging as key drivers for the stable outlook.
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Retail, office and lifestyle destination owner, developer and operator
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In short: URW reported strong H1-2026 financial results, secured a credit rating upgrade from Moody’s, and simplified its legal structure.
The agency cites improved financial performance, strong asset quality, and disciplined deleveraging as key drivers for the stable outlook.
Like-for-like EBITDA up 5.3%, Shopping Centre NRI up 4.5%, vacancy at record low 4.1%, IFRS net result up 44.6% to €1,009 million.
The de-stapling merged URW SE and URW NV shares into a single listed entity on Euronext Paris, with no economic impact.
The consideration is about $705 Mn in cash and shares. The transaction is expected to close by end 2026.
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