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Westfield doing well Down Under

Westfield-sign-THUMB.jpegScentre group, the owner of demerged Westfield shopping centres in Australia and New Zealand, has announced good performance in its third quarter, with income up 2.3%.

The company’s portfolio remains 99.5% leased and it opened two new shopping centres in October.

The Westfield group split into regional companies earlier this year.

Westfield CEO Peter Allen said: “We are pleased with the positive operational results for the six months to 30 June, which reflect the solid performance of the Australian and New Zealand portfolio.”

alex.horne@estatesgazette.com

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