Westfield Group

Westfield Group (WDC)

Stock Code

WDC

Stock Exchange

ax

Westfield Group (WDC) is a real property management group vertically integrated and internally managed with a global portfolio. Its operations involve property management, shopping centre investment, property development, leasing and marketing, funds/assets management and design and construction. WOS was listed on the Australian Stock Exchange on the 5th of July 2004. Its average annual revenue reaches approximately AUD$6 million. Its headquarters is located in Sydney, Australia. Westfield Group operates mainly in three business segments: Funds, Property Development and Property Management.

Westfield Group $1.718 billion Profit up 18.3% FY2012


Shopping Centre Management Company, Westfield (ASX:WDC) have announced its full year financial results for 2012 to its shareholders and investors on the Australian stockmarket.

  • Westfield Group had a full year profit of $1.718 billion up 18.3 percent on the prior corresponding period.

Confidential Negotiations on Westfield and AMP Split


Australian property group, Westfield (ASX:WDC) is in confidential negotiations with financial services group, AMP (ASX:AMP) about a split in the shopping centre portfolio they own.

Westfield Posts Strong Profits Despite Gloom


Westfield (ASX:WDC) yesterday posted $650.9 million net profit for the six months to June 30 with retails sales in the country and New Zealand shooting 4.6 percent. Sales in the United Kingdom jumped 8.1 percent while US sales rose 1.2 percent.

Westfield Reaches Forecast Figures


Westfield (ASX:WDC) confirms profit guidance of $1.7 billion for 2011. Frank Lowly says the forecast is equivalent to 76.4 cents per security. "As we recently reported, the first quarter of 2011 has seen continued strong performance across the entire portfolio globally," he told shareholders.

Funds from operations were expected to range from $1.47 billion to $1.5 billion. Westfield is likely to pay 48.4 cents per security in 2011.

Westfield to Start Listed Property Trust


Real Estate Property group, Westfield (ASX:WDC) is starting a new listed property trust as a new separate entity called the Westfield Retail Trust. The company will e restructuring its business and there will be a pro-rata distribution of units for the new trust to Westfield's shareholders to the value of $7.3 billion.

Westfield Dividends

9 August, 2010 - 23:10

Study the historical dividends for WESTFIELD GROUP. Dividends are a portion of company profits paid out to shareholders. You are eligible to receive WDC dividends if you own the company's stock on the ex-dividend date. Investor's must have purchased the stock before the ex dividend date to be entitled to the dividend. The previous owner of the shares will receive the WDC dividend if you buy the stocks on or after the ex dividend date. The Pay Date or the Date Payable is the day when the dividend is paid to shareholders.

Best Performers of the Week


Dexus Property Group (DXS), a major Australia based property Company that operates at more than 260 properties worth of A$15 billion, mainly concentrating on acquisition, management and development of retail, industrial and office properties in both Australia and other regions with market capitalisation $3955.9 million was the best performer of the 4th week in ASX100 with a gain of 1.2 percent or 1 cent to its stock price closing the week at 83 cents.

Westfield: Sales Growth in Decline in Australia


Westfield Group (WDC) has reported that the sales growth is in decline in Australia for the third quarter of the year despite a stable condition in the United States and UK. Steven Lowy, the managing director of the company stated that he is looking forward to see the operating earnings and distributions to be within the range of 94 cents and 97 cents for each stapled security for calendar 2009.

Westfield Group (WDC) News Update


Westfield Group (WDC) has a $18.50 share price target and it is upgraded to Buy from Hold from Australian stock analyst Macquarie Research Equities.

Westfield Group (WDC) : Playing Hide and Seek

A place to hide; upgrading to Buy — With the recent share price decline, we upgrade Westfield to Buy from Hold. Westfield represents good value compared to Australian REIT peers given its relatively lower earnings risk, good valuation discount, quality assets, and low re-financing risk. Westfield is also attractive relative to Global peers.

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