Comparative review

Westfield Group and Westfield Retail Trust have announced that they’re weakening ties with AMP Capital (a division of AMP Limited), which Westfield has partnered with for over 50 years. Diverging priorities between the companies about when and how to develop its jointly owned assets has resulted in a complex asset sale transaction involving eight properties (see Table 1).     Ownership prior to transaction (%) Ownership post transaction (%) Management Table 1: WRT, WDC and AMP transaction Centre Location WDC WRT AMP WDC WRT AMP Prior Post Tea Tree** Adelaide 31.3 18.8 50.0 31.3 18.8 50.0 WDC WDC Mt...

Westfield Group and Westfield Retail Trust have announced that they’re weakening ties with AMP Capital (a division of AMP Limited), which Westfield has partnered with for over 50 years. Diverging priorities between the companies about when and how to develop its jointly owned assets has resulted in a complex asset sale transaction involving eight properties (see Table 1).

{{content.question}}

Mastercard

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to proceed…

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access

Mastercard

Updating information

Please wait ...

Trial

Mastercard
{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership

Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles