Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 111 - 120 of 135 results for "Shopping centres"

ATO to review deductions for commercial property: report

AAP  |  WEDNESDAY, 9 JUN 2004
Investors in listed property trusts could reportedly be hit by changes to the tax deductions allowed for shopping centres, office towers, hotels and industrial facilities. The Australian Financial Review reports the tax office has signalled a review ...

Westfield Trust and Westfield America provide Q1 overview

AAP  |  THURSDAY, 20 MAY 2004
... Bondi centre has already opened multiple stages, and the final stage is expected to open in the second half. Shopping centres at The Pines in Melbourne, Mt Gravatt in Brisbane and Riccarton in Christchurch are all expected to be completed by the end ...

Six Aussies make Forbes Richest List

AAP  |  FRIDAY, 27 FEB 2004
... just outside the top 100 at 111, up from 147th last year with an estimated wealth of A$5.46 billion. Westfield Shopping Centres have made Frank Lowy, 73, and his family wealthy enough to rank at 216th on the world-wide list, with A$3.12 billion. Melbourne's ...

Macquarie DDR Trust to list on ASX today

The Macquarie DDR Trust, which invests in North American community shopping centres, is set to list on the Australian Stock Exchange (ASX) today, under the code MDT. The offer closed fully subscribed by a mix of institutional and retail investors. The ...

S&P says CPF ratings unaffected by sale of centres

AAP  |  MONDAY, 24 NOV 2003
... on Commonwealth Property Fund are unaffected by the announced sale of the fund's 50% share in three regional shopping centres to its joint venture partner, Westfield Trust for $A610 million. CPF is rated A-minus/stable/A1 while Westfield Trust is rated ...

Westfield, Commonwealth Funds Management in property deals

AAP  |  MONDAY, 24 NOV 2003
... per cent interest. Westfield said Westfield Marion and Belconnen are two of Australia's top performing regional shopping centres. "We are investigating to, over time, introduce a new joint venture partner into Westfield Marion and retain 100 per cent ...

Macquarie in $1 billion American property trust

... Diversified Realty Corporation (DDR) have today announced plans to jointly list a property trust in North American shopping centres, valued at US$744.5 million ($1078 million) on the Australia Stock Exchange by late November. The Macquarie DDR Trust ...

Westfield veteran to step down from executive duties

... the last 25 years, both in Australia and overseas. When Stephen joined Westfield in 1970, the company had eight shopping centres in Australia valued at less than $50 million, and today our portfolio stands at 115 centres in four countries worth $32 b ...

Westfield Trust increases forecast distributions for 2003-04

... Lowy said the Trust had reaped the rewards from recent investments, with retail sales particularly strong at shopping centres, which had undergone major capital investment over the past few years. Overall, retail sales in Westfield Trust's 31 Australian ...

Westfield Trust in strong distribution growth forecast

... Australian centres totalled $9.7 billion, up 4.5% for the 12 months to June 30 2003. Retail sales at Westfield's 12 shopping centres in New Zealand increased 4.4% to $1.33 billion for the 12 months to June 30 2003.