Goldman Sachs has refreshed its conviction list of top stock picks across Europe and recommended investors consider a specific trading strategy.
Goldman Sachs has refreshed its conviction list of top picks in Europe and recommended investors consider a specific trading strategy given uncertainty over how much further markets can rise. Despite logging a lackluster performance last week , the pan-European Stoxx 600 index is around 6.55% higher year-to-date and up some 14.6% over the last 12 months. However, Goldman Sachs' analysts noted that investors are "questioning how much upside is left.
Unibail's real estate portfolio spans France, Spain, Germany, the United Kingdom and more in Europe, as well as the United States. Retail accounts for around 92% of its portfolio, Kownator said, and a majority of these premises are occupied by stores with "significantly higher-than-average sales density in wealthier catchment areas." "The improving demand for retail supports stronger operating trends in occupancy and rental growth," he added.
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