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

Dow Jones

39 150,33

0,04%

Inscrivez-vous gratuitement pour obtenir des cotations en temps réel, des graphiques interactifs, un flux d'options en direct et plus encore.

S'inscrire

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

   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)

Westfieldc Stapled (ASX:WFD)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024