Why Westfield’s the winner

During last year’s separation, the Lowy family backed Westfield Corp. over Scentre. Westfield’s 38% share price surge since then shows the Lowys have lost none of their judgment.

In September 2011, Westfield paid £10m to sponsor the 2012 Olympic Games in London. The sponsorship was almost unnecessary. That same month Westfield opened Stratford City, a shopping centre through which Games spectators arriving by public transport were forced to walk.

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