PropertyEU

Westfield raises EUR 780 mln in UK mall joint venture

By A staff reporter 2006-12-20T00:00:00

The Westfield Group, Australia's listed shopping centre giant, has raised A$1.3 bn (EUR 780 mln) by the sale of a 50% interest in the Merry Hill shopping centre in the UK to the Queensland Investment Corporation. The joint venture has appointed Westfield as the property, leasing and development manger for ...

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