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WFD Westfieldc Stapled

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Share Name Share Symbol Market Type
Westfieldc Stapled ASX:WFD Australian Stock Exchange Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Westfield Selling Five Assets in U.S. for US$1.1 Billion

20/12/2015 11:07pm

Dow Jones News


Westfieldc Stapled (ASX:WFD)
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   By Robb M. Stewart 
 

MELBOURNE, Australia--Shopping-center owner Westfield Corp. (WFD.AU) has sold five assets in the U.S. for US$1.1 billion, part of its strategy to narrow its focus on flagship operations in leading markets.

Proceeds from the sale will be used initially to pay down debt and will be redeployed in time toward Westfield's US$11.4 billion development program, the company said Monday.

 

Write to Robb M. Stewart at robb.stewart@wsj.com

 

(END) Dow Jones Newswires

December 20, 2015 17:52 ET (22:52 GMT)

Copyright (c) 2015 Dow Jones & Company, Inc.

1 Year Westfieldc Stapled Chart

1 Year Westfieldc Stapled Chart

1 Month Westfieldc Stapled Chart

1 Month Westfieldc Stapled Chart