Mall giant Westfield posts $2.3 bn profit on US, Britain centres
Shopping centre giant Westfield on Wednesday recorded a US$2.3 billion net profit supported by healthy income growth for its US and British assets, as it flagged an August opening for its fully leased World Trade Center development. Westfield said it had made "significant progress" on a multi-billion dollar redevelopment programme, and recorded comparable net operating income growth of 4.2 percent for its flagship stores, which make up 82 percent of its assets. It posted net operating income gro
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