About Unibail-Rodamco-Westfield
Unibail-Rodamco SE, a commercial property investment company, engages in the development, building, and management of major property complexes.
The company’s assets portfolio is divided in to three business segments: office properties; shopping centers; and convention-exhibition centers.
Office Properties Segment
The company’s offices properties include various business premises, including warehouses and workshops, as well as retail units established at the foot of an office building or apartments attached to office blocks. As of December 31, 2004, the office segment portfolio comprised approximately 40 properties of technical specifications and location.
Shopping Centers Segment
The company’s shopping centers segment includes the Carrousel du Lovuvre, other than convention-exhibition space, and the Cnit’s retail space. The company’s shopping centers segment focuses exclusively on major shopping centers. Its portfolio comprises 21 shopping centers, including 12 'regional' centers which, in turn, include four 'supra regional' centers. Unibail's shopping centers usually include a Carrefour or Auchan hypermarket and house a total of approximately 1,500 retail units.
Convention-Exhibition Centers Segment
The company’s convention-exhibition centers segment includes the Meridien Montparnasse hotel and the Cnit hotel. The company’s convention-exhibition centers segment encompasses the businesses, including: all Paris Expo convention and exhibition venues: Porte de Versailles, Cnit, Carrousel du Louvre, Espace Champerret, Coeur Defense, Espace Grande Arche and palais des Sports; and the Meridien Monthparnasse and Cnit-Hilton hotels, which are directly connected to this business division. The company though its convention-exhibition centers conducts B to B and public events.