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Showing 131 - 140 of 186 results for "Westfield"

Lend Lease merger with GPT defeated

AAP  |  THURSDAY, 18 NOV 2004
... of unitholders who voted against the deal had done so, Mr Joseph replied that the outcome was disappointing and that Westfield Group, which bought a 4.8 per cent stake in GPT last week, was key. "It is disappointing with nearly 70 per cent of unitholders ...

Westfields makes $1.48 bln bid to acquire Duelguide

AAP  |  THURSDAY, 30 SEP 2004
Westfield Group has submitted a $1.48 billion cash bid to acquire Duelguide plc, the owner of unlisted UK property developer Chelsfield. The proposal values Duelguide at around $5.5 billion on an enterprise value basis. Chelsfield owns one of the UK's ...

Deustche property trust merger approved by unitholders

AAP  |  TUESDAY, 28 SEP 2004
... Multiplex Group announced a proposed takeover of Ronin Property Group. The Deutsche merger is similar to one by the Westfield trusts earlier this year, which formed the Westfield Group, the largest listed shopping centre group in the world. In the Deutsche ...

Market mulls complex Deutsche trusts merger plan

AAP  |  FRIDAY, 6 AUG 2004
... a weak US property market. At the same time, the diversified trust has entered into a 50/50 ownership agreement with Westfield Group for four Australian shopping centres. Combined gearing will rise to 48%, from between 26% and 38% for each trust at present. ...

DDF in jv agreement with Westfield

AAP  |  WEDNESDAY, 4 AUG 2004
Deutsche Diversified Trust (DDF) has entered into a sale and acquisition joint venture agreements with the Westfield Group. The agreements will result in ownership of a 50% interest in a $1.45 billion portfolio of retail properties to be jointly owned ...

S&P says working to understand changes to LPT indices

AAP  |  TUESDAY, 13 JUL 2004
... the past 12 months, the pace of consolidation had moved up a gear with the announcement last week of the merger of the Westfield entities (Westfield Holdings, Westfield Trust, and Westfield America Trust) and proposed merger of Lend Lease and General ...

Challenger rallies as Lowy investment emerges

AAP  |  WEDNESDAY, 30 JUN 2004
... profile business figure emerged as a major stakeholder. LFG Holdings, a private investment vehicle run by the family of Westfield chairman Frank Lowy, bought a 5.78% stake last week, according to documents lodged with the Australian Stock Exchange. "It's ...

Market wrap

AAP  |  FRIDAY, 25 JUN 2004
... price index, a key indicator of the day's trade, was five points lower at 3548 on a volume of 373 contracts. On the day Westfield's three companies will meet today to vote on a proposed merger that will make it will be the biggest listed retail property ...

Westfield investors expected to approve merger

AAP  |  TUESDAY, 22 JUN 2004
Investors in shopping centre giant Westfield are expected to vote a resounding yes to Frank Lowy's $27 billion merger plan when they meet in Sydney on Friday. Westfield boss Lowy wants to staple the Westfield management company with its two trusts to ...

Market wrap

AAP  |  TUESDAY, 22 JUN 2004
... of new data expected, however major announcements by Telstra and National Australia Bank yesterday, coupled with the Westfield merger meetings later this week, will keep some domestic focus on the market.