Find in the news:
BY COUNTRY

Australia’s Westfield to split Holdings



Westfield Group, the shopping centre giant in Australia, has been given the shareholder go-ahead to split the empire. 
This comes after a tight vote which placed a spotlight on the restructuring policy. The split which was announced during December will see the group’s Australian and New Zealand businesses merge with Westfield Retail Trust. This move will result in Westfield Retail Trust becoming a US$26bn corporation which will be listed on the Australian stock market by its new name, Scentre.

Westfield Group will in future be named Westfield Corporation, with total assets of US$17.6bn and holdings in 44 shopping centres across Europe, the UK and the US.

The shareholder vote for the deal settled at 76%, only 1% above the minimum 75% required. A vote done previously was postponed after indications that the limit would not be met. Almost 98% of the group’s shareholders voted in favour of the deal during May.

Frank Lowy, Westfield Group Chairman, will head both companies and stated his confidence in the deal. The Chairman of Westfield Retail Trust, Richard Warburton, also expressed his pleasure at the result.


More about shopping malls in Australia



Dec 12, 2018, Finland:
With the approach of the New Year holidays, we are launching a series of reviews on the most popular tourist destinations.
Dec 11, 2018, United Kingdom:
Amazon is preparing to open the first innovative Amazon Go store in London.
Dec 5, 2018, Japan:
The project is being developed in partnership with the Japanese video game manufacturer Bandai Namco Amusement.
Nov 29, 2018, Finland:
Among the tenants of Zsar Outlet Village are the stores of Hugo Boss, Lindt, Liu Jo, Guess, Roberto Cavalli, Braccialini and other brands.
Nov 27, 2018, France:
Located less than an hour from the center of Paris, Designer Outlet Normandie set to become a key attraction for international tourists.
Nov 21, 2018, Philippines:
The grand-scale store of the Swedish furniture giant released as tenant of Mall of Asia in Manila.
ICSC ECE

Friend
and Follow
Central Children's Store GLA:370 192 SF
ADDRESS: Teatralnyi proezd, 5
Russia . Moscow region
Central Children's Store
Cabot Circus GLA:990 280 SF
ADDRESS: Glass House, Bristol BS1 3BX
United Kingdom . Bristol
Cabot Circus
Westfield World Trade Center GLA:365 000 SF
ADDRESS: World Trade Center, Manhattan, NY 10007
Arkadia GLA:1 184 030 SF
ADDRESS: Aleja Jana Pawla II 82, 00-175
Poland . Warsaw
Arkadia


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us