Unibail-Rodamco-Westfield saw U.S. rental income tumble 39 percent year-over-year in the third quarter, the company disclosed Sunday. The retail landlord and investor reported that rental income from U.S. operations, including from 39 Westfield-branded malls, fell to $464 million. Across its overall portfolio, which includes major retail holdings across Europe, the company’s rental income fell to $1.43 billion in the first nine months of 2020, 38 percent lower than the same period last year. The company
source https://therealdeal.com/2020/11/02/unibail-rodamco-westfield-says-its-real-estate-is-worth-11-less-than-last-year/
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