Westfield Group Stories
Westfield Corporation Sells 5 US Malls For $1.1B, To Focus On Flagship Assets
Westfield Corporation reportedly manages over $25 billion of assets and has 44 shopping malls in the U.S., Britain and Europe.
Australian Westfield To Own All Retail Space At NYC World Trade Center
Global shopping-mall operator Westfield Group paid $1.4 billion for the privilege.
Walmart.com test stores hint at Web shopping fight
Two tiny Walmart.com stores are making Southern California malls their home for the holidays, launching the latest salvo in the war for online retail dominance.
Australia's Westfield eyes Toronto development
Australian mall developer Westfield Group is looking at a possible investment in a waterfront site in Toronto, Canada, the company said on Thursday, after recently announcing expansions plans in Europe and South America.
Lower Manhattan: Rising from the ashes
A decade after the September 11 attacks enveloped Lower Manhattan in a thick gray dust of pulverized buildings and human remains, the surrounding area has become a trendy neighbourhood with a booming population.
Borders' bankruptcy plan leaves store landlords concerned
Borders Group, owner of the second largest U.S. bookstore chain, said in its Chapter 11 bankruptcy filing that it will close down around 200 stores nationwide, sending store landlords into a tizzy.
Simon Property offers $10 billion for General Growth
Simon Property Group Inc sought to pluck General Growth Properties out of bankruptcy on Tuesday, offering to pay $7 billion to creditors and nearly $3 billion to shareholders.