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Showing 1 - 10 of 193 results for "Westfield"

ART pumps $3bn in Australian property funds

ELIZA BAVIN  |  MONDAY, 1 JUN 2026
... jobs-generating industrial land, and support community and economic growth. The investments include a 19.9% interest in Westfield Sydney with QIC; a 48.5% stake in the LIV Mirvac Fund to support the delivery of build-to-rent housing; increased holdings ...

Lowy family takes stake in Magellan

KARREN VERGARA  |  TUESDAY, 10 MAR 2026
... Andrew Formica will be deputy chair. Gonski is currently a board member of the Lowy Institute. Frank Lowy co-founded the Westfield Group in 1960. In 2014, it was split into Scentre Group or Westfield-branded shopping centres in Australia and New Zealand ...

ART takes 20% stake in Westfield Sydney, hands mandate to QIC

RIDDHIMA TALWANI  |  WEDNESDAY, 24 DEC 2025
Australian Retirement Trust (ART) will snap up 19.9% stake in Sydney's iconic Westfield mall from Scentre Group for $864 million. Scentre Group will retain 80.1% of the retail asset and remain its property, leasing and development manager. QIC will ...

Dexus doubles stake in Brisbane shopping centre to 50%

RIDDHIMA TALWANI  |  FRIDAY, 12 DEC 2025
Dexus has launched the Dexus Strategic Investment Trust (DSIT) series, acquiring 25% stake in Westfield Chermside, Brisbane to seed the first fund in the series DSIT1. The real estate asset manager has bought the stake in shopping centre from Scentre ...

Dexus rebuilds DWSF with $683m investment

ELIZA BAVIN  |  WEDNESDAY, 23 JUL 2025
The Dexus Wholesale Shopping Centre Fund (DWSF) exchanged contracts with Scentre Group to acquire a 25% stake in Westfield Chermside, Brisbane, for $683 million. This fresh investment comes after Dexus Funds Management launched court action against ...

Qualitas shines in FY24, Charter Hall contracts

KARREN VERGARA  |  WEDNESDAY, 21 AUG 2024
... half-year to June results earned $1.3 billion in property revenue and statutory profit of $404 million. It operates 42 Westfield shopping centres across the nation and New Zealand. About six million shoppers visited the centres, 2% more than this time ...

Barrenjoey, Scentre Group establish jointly managed fund

ELIZA BAVIN  |  FRIDAY, 21 JUN 2024
... Barrenjoey Private Capital and Scentre Group have established a jointly managed fund to purchase a 50% stake in Adelaide's Westfield Tea Tree Plaza and the adjoining Tea Tree Plus for $308 million. CBRE head of retail capital markets - pacific, Simon ...

EG appoints joint managing directors in response to growth

CHLOE WALKER  |  TUESDAY, 12 JUL 2022
... billion of listed and unlisted fund products across both real estate equity and debt investments in companies such as Westfield, Colonial First State and Challenger. As joint managing directors, Parker and Pak will work alongside chief executive Adam ...

QIC bolsters real estate business

JAMIE WILLIAMSON  |  WEDNESDAY, 16 FEB 2022
... Lendlease where she held the role of head of commercialisation, asset management. She has also previously held roles with Westfield and AMP Capital Shopping Centres. In her new role, Harding is responsible for all alternate income streams across the ...

New responsible agricultural fund seeks $300m

KARREN VERGARA  |  TUESDAY, 18 MAY 2021
... drought-proofing but reduce carbon dioxide omissions on a mass scale. Packhorse also typically buys property, similar in the way Westfield invests in property, by upgrading it, rents it out and then receives rental income, he said. Samway described the ...
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