Scentre Appoints Former Kmart CEO To Board
Scentre Group, which owns Westfield shopping malls, has appointed Guy Russo – a former Senior Executive of Wesfarmers Group – to its... Read More
Morgan Stanley Tip Westfield Malls Best Set To Recover
Morgan Stanley analysts predict Scentre-owned Westfield will be among the best set shopping malls for recovery amidst the coronavirus pandemic. The news... Read More
Shopping Centre Landlords Brace For More Pain
Credit rating agency S&P warns the listed property sector could feel the pain of COVID19 for a few years, as shopping centre... Read More
Oz Retail Rents May Dip 30% Next Two Years
Australian retail rents are tipped to drop by as much as 30% in the next two years from the economic impact of... Read More
COVID-19: Shopping Centres Face Horror Time, Rent Relief Demands
The COVID-19 virus has seen shopping centres deserted with owners desperate to avoid having to shut down malls as retailers look for... Read More
Westfield Takeover Approved, Largest In Australian History
As tipped by analysts, Westfield has announced its $30 billion takeover by French giant, Unibail-Roadamco, has officially been approved – a deal... Read More
Westfield Buyer Gets Green Light To List On ASX
French property giant, Unibail Rodamco SE, has received approval to list shares created from its merger with Westfield on the ASX. The... Read More
Westfield Takeover Tipped To Be Green Lit
Recent reports reveal Unibail-Rodamco’s ~$30 billion takeover of Westfield is likely to be green lit, just a month shy of the scheduled shareholder... Read More
Westfield Urges Shareholders To Approve $30B Takeover
Westfield Directors have unanimously urged shareholders to approve a $30 billion takeover by French property behemoth Unibail-Rodamco. Despite the decreasing value of the... Read More
Westfield Sells Shopping Empire For $32B To French Giant
One of Australia’s most renowned families, the Lowy family, is accepting a $32.7 billion offer from French property giant, Unibail-Rodamco, for its... Read More