Westfield
Retail pain, Westfield style
Michael Pascoe There seems to be a particular strain of masochism in retailing, a strange desire by small traders to lease a shop in a Westfield centre.
Westfield bid to allay weak sales
Carolyn Cummins Westfield Group and Westfield Retail Trust focus on the tenancy and merchandise mix.
Westfield grows online business with Virgin deal
Carolyn Cummins Westfield, the world's biggest shopping centre owner by value, has teamed up with Sir Richard Branson's Virgin group to offer customers loyalty points and online gift card redemptions as part of the...
Westfield says earnings on track
Westfield Group says its global portfolio is performing strongly and sales of its non-core US malls were progressing.
Westfield dips a toe into Italy
Carolyn Cummins IN THE space of three days, retail juggernaut Westfield has entered two new markets, the latest being a $160 million joint venture in the Italian city of Milan.
Westfield goes shopping in Milan
Westfield Group is making its second foray into a new market in a week, spending $160 million to buy into a development site in Milan.
Westfield's Brazilian bet
Carolyn Cummins Westfield Group has shown there is still money in bricks-and-mortar retailing by investing in Brazil, the seventh-largest economy in the world.
Westfield in $546m Trade Centre deal
Carolyn Cummins Frank Lowy's Westfield Group has returned to the World Trade Centre in downtown Manhattan, close to 10 years after a devastating terrorist attack demolished the area.
Westfield returns to WTC site
Westfield Group has agreed commercial terms for a joint venture of the retail premises at New York's World Trade Center site.
McFarlane to stay on Westfield board despite taking Aviva post
Eric Johnston Former ANZ boss John McFarlane has signalled his intention to remain as a director of shopping centre major Westfield Group, even as he sheds other key roles ahead of taking up the position of...
Westfield's Frank Lowy in hospital
Westfield Group founder Frank Lowy is in hospital receiving treatment for a bile duct problem, but is expected to make a full recovery.
Westfield may be next to sell US centres
Adele Ferguson Speculation has intensified that the sale of some Westfield's non-core shopping centres in the United States is imminent.
Westfield confirms earnings guidance
Westfield has confirmed operational earnings guidance of $1.7 billion for 2011 and says it sees continued strong performance across the portfolio.
Westfield optimistic on plans to expand
Carolyn Cummins Westfield unveils a significant expansion of its development plans after confirming its earnings guidance for the full year.
Westfield eyes sales of US assets as new projects take off
Carolyn Cummins Westfield Group is mulling the sale of up to 10 per cent of its US assets as it increases its expected development starts over the next two years.
Westfield tipped to shed some US assets
Carolyn Cummins Westfield is expected to begin a series of non-core asset sales in the United States in the coming months to take advantage of the improving underlying real estate condition and redeploy the capital...
Lowy's pay rose by 7% as Westfield shares fell
Carolyn Cummins Westfield's retiring executive chairman, Frank Lowy, received 7 per cent pay rise to almost $16 million in a year when retail behemoth's share price fell.
Lowy makes an out of Westfield decision
Adele Ferguson Turning 80 was momentous for Frank Lowy. For the first time in his working life, the country's richest man - worth an estimated $5 billion - began to think the unthinkable.
Lowy passes Westfield baton to sons
Carolyn Cummins After more than 50 years at the helm of Westfield, turning it into the world’s biggest shopping centre landlord, Frank Lowy has relinquished control.
Westfield expecting stable future
Carolyn Cummins Retail giant Westfield has targeted an expansion of its London mall, asset sales in the US and a slow recovery in consumer sentiment across its main markets.
