SYDNEY, Aug 27 (AFP) : Australian shopping centre giant Westfield Corp on Wednesday reported a 5.3 per cent increase in first-half operating income and said it was progressing with an US$11.6 billion investment in global projects.
The firm, which assumed Westfield Group's international operations after its Australian and New Zealand assets were folded into a new entity this year, said the results for the six months to June 30 were "in line with expectations".
"The operating performance of our pre-eminent portfolio of 40 shopping centres in the United States and United Kingdom remains strong, and in line with expectations," Westfield's co-chief executives Peter and Steven Lowy said in a statement.
"Significant progress (was) made on the US$11.6 billion pipeline of current and future developments."
Westfield Group, one of the world's largest shopping centre operators, split its empire in July.
Australia\\\'s Westfield boosts investment in global stores
FE Team | Published: August 28, 2014 00:00:00 | Updated: November 30, 2026 06:01:00
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