Tag archive for ‘Peter Lowy’
Vered Weiss On Wednesday, February 25th, 2015

Co-CEO Peter Lowy to Stay at Westfield for the Sheer Excitement

Co-CEO of Westfield, Peter Lowy, has decided to stay with the company after announcing he would leave following restructuring. At the urging of his father Frank Lowy and his brother, co-CEO Steven, Peter More...

Frank Lowy, Westfield
Clive Minchom On Saturday, June 21st, 2014

Frank Lowy’s Westfield Retail Trust Reorganization Plan Just Squeaks Through At Second Attempt

        Yesterday, at a special shareholders meeting, shareholders of the Australian publicly listed real estate investment trust, the Westfield Retail Trust, finally agreed by More...

Clive Minchom On Thursday, February 27th, 2014

Westfield Group Report 2013 Net Profit Of $1.4 Billion And Continue To Pursue Major Reorganization

– – Yesterday giant Australian shopping center company the Westfield Group (WDC) announced its financial results the full fiscal year to December 31st, 2013. Total annual revenues grew by seven More...

Westfield World Trade Center WTC_2
Clive Minchom On Thursday, December 5th, 2013

Westfield Group Buys Out Partner In World Trade Center Retail Development For $800 Million

– Westfield World Trade Center – After all the many years of waiting, the World Trade Center is really starting to get plenty of buzz going for it again. First, Jewish Business News recently More...

Clive Minchom On Monday, December 2nd, 2013

Frank Lowy’s Giant Westfield Group Announces Major Corporate Restructuring

– Australian Assets of Westfield Group to merge with Westfield Realty Trust and change name to Scentre Group. The international part of the company will be called simply Westfield Corporation. Each More...

Clive Minchom On Wednesday, November 20th, 2013

Barry Sternlicht’s Starlight Capital Closes $1.6 Billion Purchase of 7 Shopping Malls From Westfield Group

– Two months ago, on September 16th, The Westfield Group announced it had entered into agreements to sell seven of its US regional shopping centres to Barry Sternlicht’s Starwood Capital Group for More...

Albert Hecht On Wednesday, November 20th, 2013

José Isaac Peres Looks Towards Global Expansion

– Peres, who owns 17 shopping malls in Brazil, is looking to spread his wings. – José Isaac Peres – Brazilian billionaire shopping mall owner José Isaac Peres has recently admitted More...

Yoel Bermant On Thursday, May 30th, 2013

Frank Lowy and family fends of fire at his company’s Annual General Meeting

– At the recent Westfield group’s annual meeting, a group of disgruntled shareholders fired some flak at Group Chairman Lowy insisting that the company was out of step with other major Australian-based More...

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