Unibail-Rodamco SE completed the acquisition of Westfield Corp Ltd at the end of last week.
Westfield Corp Ltd securityholders voted overwhelmingly on Thursday to approve the mall owner’s acquisition by UnibailRodamco SE and the demerger of OneMarket Ltd.
European mall owner Unibail-Rodamco SE has entered into an agreement to buy Westfield Corp.
Westfield Corp Ltd chair Frank Lowy told the company’s annual meeting in Sydney last week its focus on flagship assets had kept it ahead of the competition.
Westfield shopping mall owner Scentre Group Ltd has put WestCity in Henderson back on the market, this time through Auckland agency Whillans Realty Ltd & Sydney agency McVay Real Estate Australia.
Scentre Group Ltd chair Frank Lowy said yesterday the Westfield mall owner & operator’s strong results for 2015 validated the rationale for creating the reorganised Australia-NZ business.