Apr 17, 2012 22:29 EDT
Australian retail giant Westfield said Wednesday it would sell off eight US shopping malls for US$1.15 billion to repay debt and fund its development of New York's new World Trade Center.
Feb 15, 2012 00:12 EST
Australian shopping mall giant Westfield Group posted a full-year net profit of Aus$1.53 billion (US$1.64 billion), a 37.6 percent increase on the previous year.
Aug 16, 2011 22:03 EDT
Australian shopping centre giant Westfield Group on Wednesday posted a half-year net profit of Aus$650.9 million (US$680.4 million), buoyed by growth in its British operations.
Mar 01, 2011 22:56 EST
MELBOURNE (Reuters) - Frank Lowy is handing over control of Australian shopping mall giant Westfield Group <WDC.AX> to two of his sons, marking the start of a new era for the company the Czech-born Jewish refugee founded 52 years ago.
Jun 16, 2009 21:48 EDT
NEW YORK (Reuters) - Private developers of New York's World Trade Center site and the public agency that owns the land have failed to reach a deal to allow construction to go forward, the city's Mayor Michael Bloomberg said on Tuesday.