Westfield

US group fades as Westfield target

Carolyn Cummins Bankrupt US retail landlord General Growth Properties has moved a step closer to extinguishing its debt burden after a proposed injection of $US3.93 billion from property investment funds.

Investors frown at Westfield

Carolyn Cummins For the first time in many years, the word disappointing has been used to describe the Westfield Group’s full year result.

Westfield loses its sparkle

Adele Ferguson Westfield's underwhelming results will have the analysts cutting their guidance for the stock.

Westfield to hold on to cash

Carolyn Cummins Retail landlord Westfield has felt the brunt of investor disappointment after it unveiled a lower distribution forecast yesterday for the current year.

Westfield loss improves to $458m

Westfield Group has reported an improved full year loss of $458 million as the shopping centre owner was hit by lower property valuations.

The Westfield of insurance

Greg Hoffman There aren’t many businesses that can boast a track record like this one. And there are even fewer that are available at such an attractive price.

Westfield declares H2 distribution

Westfield Group has declared a final distribution of 47 cents per stapled security, ahead of its annual results announcement.

Westfield distribution in line with guidance

Westfield Group sets an estimated distribution of $0.47 per security for the half-year ended December 31.

Westfield more optimistic of recovery in sales

Carolyn Cummins Commercial Property Editor WESTFIELD, the world's largest retail owner and manager by value, is tipping a return to the good times in Australia within 12 months, despite interest rate rises, the stronger dollar and the end of...

Confidence boost for Westfield

Insider Plus, Mac Media mulls an equity raising, and Aussie buyers seen keen on UK asset fire sale.

Westfield's Pitt Street runs ahead of schedule

Carolyn Cummins Westfield will open the first stage of the office component of its $600 milllion Pitt Street Mall redevelopment in Sydney six months earlier than expected due to better trading conditions.

Westfield 'resilient through downturn'

Westfield Group says solid Australian trading conditions continued in the third quarter, while stabilisation continues in the US, UK and New Zealand.

Westfield sticks to guidance as sales slow

Shopping centre owner Westfield says retail sales growth slowed in Australia, but conditions in the US and the UK continued to stabilise.

Westfield woes: a not-so-merry Christmas

Insider Wesfield likely to be hit by higher interest rates and currency fluctuations. Plus, Leighton, Morgan Stanley solicits bids, NSW Lotteries, Macquarie Capital and more.

Westfield in court battle with Tiffany

Is it OK to sell $10 T-shirts next door to a fabled jeweller offering $100,000 diamond rings? Tiffany & Co doesn't think so.

Moelis steps on the gas

Michael West New York investment bank accelerates incursion into Australian banking and stockbroking scene in dramatic fashion by signing JPMorgan ''rainmaker'' Andrew Pridham.

A bet with Sir Dick, but is there a dress?

CBD Former Qantas high-flyer John Borghetti's new role as the chief executive of Virgin Blue may finally give the airline veteran a chance to resurrect his long-abandoned formula four racing career.

Andrew Forrest tops Aussie rich list

Trevor Chappell Iron ore magnate Andrew Forrest has more than doubled his wealth to reclaim the title of the nation's richest person from gaming tycoon James Packer.