Westfield Bypass AusPost With Direct Shipping Service
Westfield has launched a new service that ships items directly to consumers, as the embattled Australia Post struggles to meet demand during... Read More
Westfield Chief Calls Rent Relief ‘Bad Policy’
Scentre chief executive Peter Allen has used the company’s results call to slam the commercial rent relief schemes implemented in NSW and... Read More
Westfield Owner Reports Strong Start To 2021
Scentre Group, owner of the local Westfield shopping centre chain, has reported a first-half operating profit of $460.1 million, marking a 28... Read More
Westfield Retreats From Malls As Retail Woes Linger
When Paris-based commercial real estate firm Unibail-Rodamco purchased Australia’s Westfield Group in 2018, they acquired 33 American malls. Since then, they have... Read More
Westfield Owner Offers Rent Relief To Sydney Tenants
Scentre Group, owners of Westfield shopping centres in Australia, has assured its tenants that rent deferrals will again be available to struggling... Read More
Westfield Walloped By Shareholders Over Exec Pay
The owners of Westfield shopping centres have suffered a significant vote against its remuneration report with shareholders incensed at the proposed payments... Read More
Westfield Earnings Plunge By 42.5% After Pandemic Rent Losses
Shopping centre giant Scentre, which operates Westfield malls, posted a devastating earnings plunge of 42.5 per cent to $766.1 million after COVID-19... Read More
Westfield Bails Out Of US After COVID Catastrophe
Former Australian retail giant Westfield is set to pull the plug on its US operations, a little over three years after it... Read More
Westfield Owner Slumps to $3.6 Billion Loss
The owner of Westfield malls – home to retailers such as JB Hi-Fi, Myer and David Jones – has booked a $3.61... Read More
COVID Warning For Shoppers At Inner-West Sydney Westfield
Shoppers who visited the Westfield at Burwood in Sydney’s inner west have been told to be on high alert for COVID-19 symptoms... Read More