SHOPPING CENTRES – GREAT BRITAIN

Lowys accept $33bn takeover

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Original article by Ben Wilmot, Turi Condon
The Australian – Page: 1 & 4 : 13-Dec-17

Paris-based Unibail-Rodamco will own a portfolio of 104 shopping centres worldwide after striking a deal to acquire Westfield Corporation for $US24.7bn ($A32.76bn). The deal comprises Westfield’s 35 shopping centres in the US and the UK, but it does not include Westfield-brand shopping centres in Australia, which are owned by the separately-listed Scentre Group. Unibail-Rodamco intends to rebadge its existing portfolio of shopping centres with the Westfield brand.

CORPORATES
WESTFIELD CORPORATION – ASX WFD, UNIBAIL-RODAMCO, SCENTRE GROUP – ASX SCG, BT INVESTMENT MANAGEMENT LIMITED – ASX BTT

Lowy to tap into shop-top living

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Original article by Turi Condon
The Australian – Page: 3 : 21-Jan-16

Westfield Corporation intends to build apartments above or near its shopping centres. Steven Lowy, co-CEO of the Australian-listed group, said Westfield has received approval to build more than 3,000 apartments at its Westfield London, Stratford City and Croydon shopping centres in the UK. It has also gained approval for more than 300 apartments in San Diego.

CORPORATES
WESTFIELD CORPORATION – ASX WFD, GOODMAN GROUP – ASX GMG

Lowy to stay on at top of Westfield

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Original article by Robert Harley
The Australian Financial Review – Page: 39 : 26-Feb-15

Westfield Corporation says its funds from operations will be $A0.377 per security for calendar 2015. The listed property group’s shareholders will receive a distribution of $A0.123 per security for the second half of 2014, and it will pay a distribution of $A0.251 in 2015. Meanwhile, joint CEO Peter Lowy has advised that he intends to remain in the role "indefinitely", having previously planned to step down and become a non-executive director

CORPORATES
WESTFIELD CORPORATION – ASX WFD, SCENTRE GROUP – ASX SCG, O’CONNOR CAPITAL PARTNERS