Announced on 29 August 2007
The Westfield Group (ASX:WDC) today announced its half year results, reporting operational segment earnings for the half year ended 30 June 2007 of $844 million, up 7.4% over the same period last year (on a constant currency basis). This represents 47.27 cents per security, an increase of 5.7%.
Net profit for the […]

As discussed in earlier articles particularly in a Retail REIT it is crucial that there should be strong bonding with the client of the REITs, so let’s look at some of the comments from one of the leading global retailer group, Westfield Group:

[Extracted from its website:]

Retailer Services
Westfield’s success is linked to the success […]

The Westfield Group is an internally managed, vertically integrated, shopping centre group undertaking ownership, development, design, construction, funds/asset management, property management, leasing and marketing activities.

The Westfield Group has interests in total assets of A$52.5 billion, representing 129 shopping centres in four countries with over 10.6 million square metres of retail space, making the Westfield […]