Westfield Corp: Interim result 2015

Westfield Corp increased its developments under construction in the first half of 2015.

The potential value of Westfield Corp’s US$11.4bn development pipeline can be seen in its new flagship mall at the World Trade Center site in Manhattan. Costing US$1.4bn, the group has targeted a yield of 6.5% upon completion (which has been pushed back to the ‘first half of 2016’ due to construction delays).

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