For Personal Use Only

Total Page:16

File Type:pdf, Size:1020Kb

For Personal Use Only OFFERING CIRCULAR Scentre Management Limited ABN 41 001 670 579 (incorporated with limited liability in Australia) in its capacity as responsible entity and trustee of Scentre Group Trust 1 ARSN 090 849 746 RE1 Limited ABN 80 145 743 862 (incorporated with limited liability in Australia) in its capacity as responsible entity and trustee of Scentre Group Trust 2 ARSN 146 934 536 RE (NZ) Finance Limited (incorporated and registered in New Zealand with registered number 3183148) as issuers on the basis set out below €10,000,000,000 Euro Medium Term Note Programme Guaranteed on a joint and several basis by each of Scentre Group Limited ABN 66 001 671 496 (incorporated with limited liability in Australia) Scentre Management Limited ABN 41 001 670 579 (incorporated with limited liability in Australia) in its capacity as responsible entity and trustee of Scentre Group Trust 1 ARSN 090 849 746 RE1 Limited ABN 80 145 743 862 (incorporated with limited liability in Australia) in its capacity as responsible entity and trustee of Scentre Group Trust 2 ARSN 146 934 536 RE2 Limited ABN 41 145 744 065 (incorporated with limited liability in Australia) in its capacity as responsible entity and trustee of Scentre Group Trust 3 ARSN 146 934 652 (to the extent, where applicable, that the party is not named as an Issuer in relation to a Series of Notes in the applicable Pricing Supplement) and guaranteed on a joint and several basis by For personal use only RE (NZ) Finance Limited (incorporated and registered in New Zealand with registered number 3183148) (where it is not named as an Issuer in relation to a Series of Notes in the applicable Pricing Supplement) Scentre Finance (Aust) Limited ABN 37 093 642 865 (incorporated with limited liability in Australia) and any other person that becomes an additional subsidiary guarantor in accordance with the Trust Deed (as defined below) Under this €10,000,000,000 Euro Medium Term Note Programme (the Programme ), any one or more of Scentre Management Limited in its capacity as responsible entity and trustee of Scentre Group Trust 1 ( SGT 1 ), RE1 Limited in its capacity as responsible entity and trustee of Scentre Group Trust 2 ( SGT 2 ) and RE (NZ) Finance Limited ( RE (NZ) Finance ) (each an Issuer and together the Issuers ) may from time to time issue notes (the Notes ) denominated in any currency agreed between the relevant Issuer (as defined below) and the relevant Dealer (as defined below). References in this Offering Circular to the relevant Issuer shall, in relation to any issue or proposed issue of Notes, be references to whichever one or more of SGT 1, SGT 2 and/or RE (NZ) Finance is specified as the Issuer(s) or proposed Issuer(s) of such Notes in the applicable Pricing Supplement. Where the applicable Pricing Supplement specifies more than one Issuer as the relevant Issuer, the obligations of such Issuers in relation to the relevant Notes shall be joint and several obligations of such Issuers. The Notes will be unsecured and unsubordinated obligations of the relevant Issuer and, subject to the limitation on liability and recourse of the Responsible Entities (as defined in the Definitions below), will rank equally with the relevant Issuer’s existing and future unsecured and unsubordinated debt. Each Series of Notes will be guaranteed on a joint and several basis by each of SGT 1 and SGT 2, to the extent that the party is not named as an Issuer in relation to such Series of Notes in the applicable Pricing Supplement, as well as by Scentre Group Limited ( SGL ) and RE2 Limited, in its capacity as responsible entity and trustee of Scentre Group Trust 3 ( SGT 3) (each a Parent Guarantor and together, the Parent Guarantors ). In addition, each Series of Notes will be guaranteed on a joint and several basis by each of RE (NZ) Finance (where RE (NZ) Finance is not named as an Issuer in relation to such Series of Notes in the applicable Pricing Supplement) and Scentre Finance (Aust) Limited (the Subsidiary Guarantors and, together with the Parent Guarantors, the Guarantors , the Issuers and the Guarantors being together referred to as the Obligors and each an Obligor ). The guarantees given by the Guarantors (the Guarantees ) will be unsecured and unsubordinated debt obligations of the Guarantors and, subject to the limitation on liability and recourse of each of the Responsible Entities (as defined below), will rank equally with all existing and future unsecured debt of each Guarantor. Pursuant to an order of the Supreme Court of New South Wales, Australia, dated 23 June 2014, a restructuring of Westfield Group was approved (the Restructuring ). As a result of the Restructuring, implemented on 30 June 2014, Westfield Group was split into two. Westfield Group’s Australian and New Zealand business, including its vertically integrated retail operating platform, was separated from the international business of Westfield Group and Westfield Group’s Australian and New Zealand business was merged with Westfield Retail Trust. The Restructuring created two new listed retail property groups, one focusing on Australia and New Zealand (Scentre Group ) and the other focusing on international markets (Westfield Corporation ). See “Description of Scentre Group – Overview of Scentre Group – The Restructuring ”. The stapled entities of Scentre Group comprise Scentre Group Limited (formerly Westfield Holdings Limited), Scentre Group Trust 1 (formerly Westfield Trust), Scentre Group Trust 2 (formerly Westfield Retail Trust 1) and Scentre Group Trust 3 (formerly Westfield Retail Trust 2). The maximum aggregate nominal amount of all Notes from time to time outstanding under the Programme will not exceed €10,000,000,000 (or its equivalent in other currencies calculated as described in the Programme Agreement described herein), subject to increase as described herein. The Notes may be issued on a continuing basis to one or more of the Dealers specified under “Overview of the Programme ” and any additional Dealer appointed under the Programme from time to time by the Issuers (each a Dealer and together the Dealers ), which appointment may be for a specific issue or on an ongoing basis. References in this Offering Circular to the relevant Dealer shall, in the case of an issue of Notes being (or intended to be) subscribed by more than one Dealer, be to all Dealers agreeing to subscribe such Notes. Interests in a Temporary Global Note (as defined herein) will be exchangeable, in whole or in part, for interests in a Permanent Global Note (as defined herein) on or at the Exchange Date as set out in the relevant Pricing Supplement, upon certification of non-US beneficial ownership. The offer and marketing of the Notes is being conducted only to professional clients (as defined under Directive 2004/39/EC) in Germany, France, The Netherlands, the United Kingdom, Denmark, Finland, Italy, Spain, Belgium, Austria, Luxembourg, Portugal and Ireland (the “Approved Jurisdictions”) and is not being conducted in any other European Union member state. If a potential investor is not in an Approved Jurisdiction or otherwise is a person to whom the Notes cannot be marketed in accordance with For personal use only Directive 2011/61/EU (the “Directive”) as implemented and interpreted in accordance with the laws of each European Union member state, it should not participate in the offering and the Notes are not being offered or marketed to it. Potential investors should note that this Offering Circular has been prepared solely for use in connection with Notes to be issued under the Programme, and not for any other purpose. In particular, this Offering Circular is not being, and may not be, used in connection with any offer or marketing (as such term is defined under the Directive) of any units or shares of any entity. In addition, none of the Issuers has been licensed for distribution with the Swiss Financial Market Supervisory 2 Authority (FINMA) as a foreign collective investment scheme pursuant to Article 120 of the Swiss Federal Act on Collective Investment Schemes of 23 June 2006, as amended (CISA) and none of the Issuers has appointed a Swiss paying agent and representative. Accordingly, investors in Notes issued under the Programme do not benefit from the specific investor protection provided by CISA and the supervision by the FINMA. In Switzerland, the Notes issued under the Programme are exclusively offered and sold to prudentially regulated financial institutions pursuant to Article 10 para. 3 lit. a and b CISA. This Offering Circular or any other information supplied in connection with the Programme may not be taken or transmitted into, or distributed, directly or indirectly in Switzerland, save that it may be handed out and made available in Switzerland exclusively to prudentially regulated financial institutions pursuant to Article 10 para. 3 lit. a and b of CISA. An investment in Notes issued under the Programme involves certain risks. For a discussion of these risks see “Risk Factors ”. This Offering Circular has not been reviewed or approved by the Central Bank of Ireland, the UK Listing Authority or any other competent authority and does not constitute a prospectus for the purposes of Article 5.4 of Directive 2003/71/EC, as amended (the Prospectus Directive ). This Offering Circular has been prepared on the basis that any offer of Notes in any Member State of the European Economic Area which has implemented the Prospectus Directive (each a Relevant Member State ) will be made pursuant to an exemption under the Prospectus
Recommended publications
  • For Personal Use Only Use Personal For
    Allens Deutsche Bank Place GPO Box 50 Corner Hunter and Phillip Streets Sydney NSW 2001 Australia Sydney NSW 2000 Australia T +61 2 9230 4000 F +61 2 9230 5333 www.allens.com.au ABN 47 702 595 758 12 December 2017 BY ELECTRONIC LODGEMENT Company Announcements ASX Limited 20 Bridge Street Sydney NSW 2000 Dear Sir/Madam Notice of Initial Substantial Holder in relation to Westfield Corporation (ASX:WFD) We act for Unibail-Rodamco SE (Unibail). On behalf of Unibail, we enclose ASIC Form 603 (Notice of initial substantial shareholder) advising that Unibail and its subsidiaries have become substantial holders of Westfield Corporation having acquired a relevant interest in 197,498,805 WFD securities representing approximately 9.5% of WFD securities on issue. Eroica B.V., a wholly owned subsidiary of Unibail, is also party to a cash-settled equity swap with Deutsche Bank AG (acting through its Sydney branch), which as at the date of this letter relates to a notional 101,826,395 WFD securities (equivalent to approximately 4.9% of the WFD securities on issue). Key terms of the cash-settled equity swap are described in Annexure B to the substantial holder notice. The cash- settled equity swap does not give Unibail or any of its related bodies corporate any relevant interest in WFD securities. Yours sincerely Guy Alexander Charles Ashton Partner Managing Associate Allens Allens [email protected] [email protected] For personal use only 603 page 2/2 15 July 2001 Form 603 Corporations Act 2001 Section 671B Notice of initial substantial holder Westfield Corporation (comprising Westfield Corporation Limited ABN 12 166 995 197, Westfield America Trust ARSN To Company Name/Scheme 092 058 449 and WFD Trust ARSN 168 765 875) (WFD) ACN/ARSN 12 166 995 197 1.
    [Show full text]
  • 10 May 2016 the Manager Company Announcements Office ASX Limited
    10 May 2016 Westfield Corporation Level 29 The Manager 85 Castlereagh Street Company Announcements Office Sydney NSW 2000 ASX Limited GPO Box 4004 Sydney NSW 2001 Level 4, Exchange Centre Australia 20 Bridge Street Telephone 02 9273 2000 SYDNEY NSW 2000 Facsimile 02 9358 7241 Internet www.westfieldcorp.com Dear Sir/Madam WESTFIELD CORPORATION (ASX: WFD) SHAREHOLDER REVIEW 2016 Attached is Westfield Corporation’s 2016 Shareholder Review. An interactive version of the Shareholder Review is also available on the corporate website. Please click on the attached link to view the document - Westfield Corporation – Shareholder Review Yours faithfully WESTFIELD CORPORATION Simon Tuxen Company Secretary Encl. Westfield Corporation Limited ABN 12 166 995 197 Westfield America Management Limited ABN 66 072 780 619 AFS Licence 230324 as responsible entity of Westfield America Trust ABN 27 374 714 905 ARSN 092 058 449 and as responsible entity of WFD Trust ABN 50 598 857 938 ARSN 168 765 875 SHAREHOLDER REVIEW 2016 CREATING CONNECTIONS WWW.WESTFIELDCORP.COM Westfield Corporation Shareholder Review 2016 | 1 We create and operate flagship CONTENTS assets in leading markets 2 – 3 HIGHLIGHTS 4 – 5 CHAIRMAN’S LETTER that deliver great experiences 6 – 7 CO-CEO REVIEW 8 – 9 FINANCIAL HIGHLIGHTS 10 – 13 PORTFOLIO OVERVIEW for retailers and consumers. 14 – 15 DEVELOPMENT PROGRAM 16 – 17 CENTURY CITY 18 – 19 LONDON 20 – 27 WORLD TRADE CENTER 28 – 29 MILAN We are focused on creating 30 – 31 UTC 32 – 33 VALLEY FAIR 34 – 37 DIGITAL STRATEGY a digital platform to converge 36 WESTFIELD LABS 37 DATA ANALYTICS with our physical portfolio 38 – 39 PORTFOLIO DETAILS 40 – 45 BOARD & SENIOR MANAGEMENT 40– 43 BOARD OF DIRECTORS to better connect retailers, 44 – 47 SENIOR MANAGEMENT 48 CORPORATE DIRECTORY brands and consumers.
    [Show full text]
  • Annual Financial Report 31 December 2018
    Annual Financial Report 31 December 2018 Scentre Group Limited ABN 66 001 671 496 Annual Financial Report SCENTRE GROUP For the Financial Year ended 31 December 2018 Contents 1 Joint Chairman and Chief Executive Officer Letter to Securityholders 2 2018 Results Overview 3 Directors’ Report 30 Independent Auditor’s Report 33 Income Statement 34 Statement of Comprehensive Income 35 Balance Sheet 36 Statement of Changes in Equity 37 Cash Flow Statement 38 Notes to the Financial Statements 73 Directors’ Declaration 74 Corporate Governance Statement 81 Investor Relations 83 Members’ Information 84 Directory Joint Chairman and Chief Executive Officer Letter to Securityholders Dear Securityholder We are pleased to provide this Annual Financial Report of our Group’s We describe our 41 centres as ‘living centres’ because they are performance in 2018. extraordinary places where our customers come to gather and socialise, be entertained, dine, access services and experiences and Scentre Group was established in 2014 and our purpose has remained shop. Our ability to curate a product, service and experience offer constant ever since: ‘creating extraordinary places, connecting and that meets customers’ expectations is what sets us apart and enables enriching communities’. Our purpose has guided our culture and us to deliver annual sales of $24 billion, high levels of customer decision-making as we have grown our business into an extraordinary advocacy and annual customer visitation of 535 million, up 5 million. platform of 41 Westfield living centres which is now the 15th largest This consistently high visitation is unrivalled. entity on the ASX by market capitalisation. These factors explain why our occupancy has remained strong at Our financial performance for the year ended 31 December 2018 was 99.3%.
    [Show full text]
  • Steven Lowy AM April 2019
    Steven Lowy AM April 2019 Steven Lowy is a Principal of LFG, the private investment business and family office of the Lowy Family Group. For over 30 years he was an executive director of the global shopping centre company Westfield Corporation serving as co-Chief Executive Officer for many years prior to its sale in June 2018. He is the non-executive Chairman of OneMarket Limited, director of the Lowy Institute, a director of the Lowy Medical Research Institute and President of Hakoah Club. He has served as a non-executive director of Scentre Group, Chairman of Football Federation Australia, President of the Board of Trustees of the Art Gallery of New South Wales (now a Life Governor), Chairman of the Victor Chang Cardiac Research Institute (now a Life Patron and Governor), Presiding Officer of the NSW Police Force Associate Degree in Policing Practice Board of Management and an inaugural member of the Prime Minister’s Business- Government Advisory Group on National Security. Steven and his family are leading philanthropists in Australia, United States and Israel. He and his wife, Judy, have been working for and supporting Keren Hayesod-UIA since the mid-late 1980s. In the early 1990s Steven chaired the Young Leadership Division in New South Wales and chaired International Young Leadership in mid-late 1990s. In 1998 Steven was awarded the Avi Hai KH International Award for Young Leadership. Since then Steven has worked to assist the Major Donors Division in New South Wales. Steven received an Order of Australia (AM) from the Australian Government in 2010 for service to business, and philanthropic support for the arts and culture, medical research and social policy organisations.
    [Show full text]
  • Westfield Corporation Portfolio
    13 May 2015 Westfield Corporation Level 29 The Manager 85 Castlereagh Street Company Announcements Office Sydney NSW 2000 ASX Limited GPO Box 4004 Sydney NSW 2001 Level 4, Exchange Centre Australia 20 Bridge Street Telephone 02 9273 2000 SYDNEY NSW 2000 Facsimile 02 9358 7241 Internet www.westfieldcorp.com Dear Sir/Madam WESTFIELD CORPORATION (ASX: WFD) SHAREHOLDER REVIEW Attached is the 2015 Shareholder Review for Westfield Corporation. Yours faithfully WESTFIELD CORPORATION Simon Tuxen Company Secretary Encl. Westfield Corporation Limited ABN 12 166 995 197 Westfield America Management Limited ABN 66 072 780 619 AFS Licence 230324 as responsible entity of Westfield America Trust ABN 27 374 714 905 ARSN 092 058 449 and as responsible entity of WFD Trust ABN 50 598 857 938 ARSN 168 765 875 WESTFIELD CORPORATION 2015 ICONIC RETAIL DESTINATIONS WESTFIELD WORLD TRADE CENTER, NEW YORK $28.5 BILLION IN ASSETS UNDER MANAGEMENT WE DEVELOP AND OPERATE ICONIC RETAIL $11.4 BILLION DEVELOPMENT PROGRAM DESTINATIONS $17 BILLION IN ANNUAL RETAIL SALES IN MAJOR CITIES AROUND THE WORLD PORTFOLIO ANNUAL SPECIALTY SALES OF $700 PSF Flagship centres annual specialty sales of $855 psf 7,400 RETAIL OUTLETS 435 MILLION CUSTOMER VISITS ACROSS 40 MALLS 16 FLAGSHIP CENTRES Representing 77% of the portfolio 24 REGIONAL CENTRES Representing 23% of the portfolio Front Cover: Artist Impression, Westfield World Trade Center This Page: Artist Impression, Westfield Century City WESTFIELD ICONIC SHOPPING CENTRES IN THE WORLD’S GREATEST CORPORATION CITIES INTEGRATING
    [Show full text]
  • Westfield Group Annual Financial Report 31 December 2012
    Westfield Group Annual Financial Report 31 December 2012 Westfield Holdings LimitedABN 66 001 671 496 Annual Financial Report WESTFIEld GROUP (1) For the financial year ended 31 December 2012 Contents 1 Directors’ Report 33 Independent Audit Report 34 Income Statement 35 Statement of Comprehensive Income 36 Dividend/Distribution Statement 37 Balance Sheet 38 Statement of Changes in Equity 39 Cash Flow Statement 40 Notes to the Financial Statements 94 Directors’ Declaration 95 Corporate Governance Statement 110 Investor Relations 112 Members’ Information 113 Directory (1) Westfield Group comprises Westfield Holdings Limited and its controlled entities as defined in Note 2. PAGE 2 Directors’ Report The Directors of Westfield Holdings Limited (Company) submit the The level of bad debts and arrears across the Group for the 12 months following report for the period from 1 January 2012 to 31 December remained low and in line with previous years. 2012 (Financial Year). The Group’s global portfolio achieved specialty sales productivity of 1. OPERATIONS AND ACTIVITIES US$701 per square foot, for the 12 months to 31 December 2012, up 3.0% on the prior year. Comparable specialty retail sales were up 6.3% 1.1 Review of Operations and Results of Operations in the United States, up 0.5% in Australia, up 0.1% in New Zealand and We are pleased to report on the performance of the Group in what up 12.8% in Brazil for the 12 month period. has been a significant year as we continued to position the Group United States to generate greater shareholder value. In the United States specialty retail sales growth momentum The 2012 results saw the Group achieve a net profit of $1.72 billion continued, now at US$485 per square foot (psf), the highest level of up 18.3% on the 2011 year.
    [Show full text]
  • Westfield Corporation Annual Financial Report 31 December 2017
    Westfield Corporation Annual Financial Report 31 December 2017 Westfield Corporation Limited ABN 12 166 995 197 Annual Financial Report WESTFIELD CORPORATION (1) For the Financial Year ended 31 December 2017 Contents 1 Directors’ Report 35 Independent Audit Report 39 Income Statement 40 Statement of Comprehensive Income 41 Balance Sheet 42 Statement of Changes in Equity 43 Cash Flow Statement 44 Notes to the Financial Statements 85 Directors’ Declaration 86 Corporate Governance Statement 98 Investor Relations 99 Securityholders’ Information 100 Directory (1) Westfield Corporation (Group) comprises Westfield Corporation Limited and its controlled entities as defined in Note 2. Directors’ Report The Directors of Westfield Corporation Limited (Company) submit the following report for the period from 1 January 2017 to 31 December 2017 (Financial Year). 1. OPERATIONS AND ACTIVITIES 1.1 Strategy The performance of the Group for the year was solid and the Group remains confident with the strategy of developing and transforming Flagship assets. Over many years the Group has adapted and improved the portfolio to meet the changing needs of retailers, consumers and brands, and this remains a core strength. Since 2010, when the Group implemented a strategy focusing on the highest quality assets, the Group has completed $7 billion of developments, divested 29 assets valued at $7 billion and joint ventured 22 assets valued at $10 billion. The Group now has assets under management of $34.5 billion, of which 84% are Flagship assets. The Group is creating great experiences for retailers, consumers and brands and continue to benefit from the addition of food, leisure and entertainment and a broader mix of uses including many new concepts, emerging technologies and online brands.
    [Show full text]
  • Westfield Group Westfield Group ANNUAL REPORT 2010
    WESTFIELD GROUP WESTFIELD ANNUAL REPORT 2010 REPORT ANNUAL WESTFIELD GROUP ANNUAL REPORT 2010 WESTFIELD SYDNEY: Stage one of the $3.26 billion flagship project in the heart of Sydney’s central business district opened in October 2010 six months ahead of schedule, with 130 fashion and food retailers and a 30,000 square metre office building. Westfield Sydney, which will become home to the Group’s corporate headquarters, is due for completion in early 2012 with the opening of a 25-storey office tower. CONTENTS Westfield Stratford City IFC Portfolio Overview 02 Chairman’s Review 04 Group Managing Directors’ Review 08 Sustainability 16 Human Resources 18 Property Portfolio 20 Board of Directors 24 Financial Report 26 Investor Relations 137 cover and this page: Westfield Sydney, AUS Corporate Directory 140 WESTFIELD STRATFORD CITY: The completed £1.743 billion landmark centre will be the gateway to the London 2012 Olympic Games, and is due to open in September 2011. As Europe’s largest shopping centre with 1.9 million square feet of retail, a new town centre with residential, commercial and leisure space including two hotels, and international transport connectivity, Westfield Stratford City is set to transform the east side of London. London Olympic Games Queen Elizabeth Park THE WESTFIELD GROUP The Westfield Group has interests in and operates one UMMARY S of the world’s largest shopping O I OL F centre portfolios. This high PORT quality portfolio of 119 regional shopping centres in Australia, New Zealand, the United States and the United Kingdom is valued in excess of $58 billion, and has almost 24,000 retailers in more than 10.5 million square metres of retail space.
    [Show full text]
  • 22 February 2018 the Manager Company Announcements Office
    22 February 2018 Westfield Corporation Level 29 85 Castlereagh Street The Manager Sydney NSW 2000 Company Announcements Office GPO Box 4004 Sydney NSW 2001 ASX Limited Australia Level 4, Exchange Centre Telephone 02 9273 2000 20 Bridge Street Facsimile 02 9357 7131 SYDNEY NSW 2000 Internet www.westfieldcorp.com Dear Sir/Madam WESTFIELD CORPORATION (ASX: WFD) FULL YEAR RESULTS FOR YEAR ENDED 31 DECEMBER 2017 Attached are the Appendix 4E and 2017 Annual Financial Report for Westfield Corporation. Yours faithfully WESTFIELD CORPORATION Simon Tuxen Company Secretary Encl. Westfield Corporation Limited ABN 12 166 995 197 Westfield America Management Limited ABN 66 072 780 619 AFS Licence 230324 as responsible entity of Westfield America Trust ABN 27 374 714 905 ARSN 092 058 449 and as responsible entity of WFD Trust ABN 50 598 857 938 ARSN 168 765 875 WorldReginfo - a5b02e33-0fe8-442d-a8bb-f1cf7071cde5 Westfield Corporation 1 : Appendix 4E For the year ended 31 December 2017 2 (previous corresponding period being the year ended 31 December 2016) Results for Announcement to the Market: For the 12 months ended 31 December 2017 31 Dec 2017 31 Dec 2016 Revenue (including equity accounted revenue of US$685.6 million up 17.1% 2,105.1 1,798.4 (31 December 2016: US$675.8 million)) (US$million) AIFRS profit after tax attributable to members (US$million) up 13.5% 1,551.2 1,366.1 Distributions US Cents per stapled security Dividend/distributions for the year ended 31 December 2017 up 1.6% (i) to 25.50 Interim dividend/distributions paid on 31 August 2017 12.75 Final dividend/distributions in respect of Westfield Corporation earnings to be paid on 28 February 2018 comprising: 12.75 ‐ distribution in respect of a WFD Trust unit 10.20 ‐ distribution in respect of a Westfield America Trust unit 2.55 ‐ dividend in respect of a Westfield Corporation Limited share nil (i) Compared to distributions for the year ended 31 December 2016 of 25.10 US cents per stapled security.
    [Show full text]
  • MEDIA RELEASE WESTFIELD GROUP ANNOUNCES CHANGES TOT HE Board of Directors (00033797-1).DOC
    2 March 2011 Westfield Group Level 24, Westfield Towers The Manager 100 William Street Company Announcements Office Sydney NSW 2011 ASX Limited GPO Box 4004 Level 4, Exchange Centre Sydney NSW 2001 20 Bridge Street Australia SYDNEY NSW 2000 Telephone 02 9358 7000 Facsimile 02 9358 7077 Internet www.westfield.com Dear Sir/Madam WESTFIELD GROUP (ASX:WDC) MEDIA RELEASE: WESTFIELD GROUP ANNOUNCES CHANGES TO BOARD OF DIRECTORS Attached is a media release regarding changes to the Westfield Group Board of the Directors. Yours faithfully WESTFIELD GROUP Simon Tuxen Company Secretary Encl. Westfield Holdings Limited ABN 66 001 671 496 Westfield Management Limited ABN 41 001 670 579 AFS Licence 230329 as responsible entity for Westfield Trust ABN 55 191 750 378 ARSN 090 849 746 Westfield America Management Limited ABN 66 072 780 619 AFS Licence 230324 as responsible entity for Westfield America Trust ABN 27 374 714 905 ARSN 092 058 449 2 March 2011 WESTFIELD GROUP ANNOUNCES CHANGES TO BOARD OF DIRECTORS The Westfield Group (ASX:WDC) today announced a number of changes to its board and management, including a decision by its executive Chairman, Mr Frank Lowy AC, supported by the board, to assume the role of non-executive Chairman, as well as the appointment of Mr Peter Lowy and Mr Steven Lowy AM as joint Chief Executive Officers. Other changes are: • Mr David Lowy AM and Mr David Gonski AC having served with distinction on the Westfield board for 34 years and 25 years respectively have indicated that they do not wish to seek re-election at the next Annual General Meeting.
    [Show full text]
  • Downloaded From
    22 February 2018 Westfield Corporation Level 29 85 Castlereagh Street The Manager Sydney NSW 2000 Company Announcements Office GPO Box 4004 Sydney NSW 2001 ASX Limited Australia Level 4, Exchange Centre Telephone 02 9273 2000 20 Bridge Street Facsimile 02 9357 7131 SYDNEY NSW 2000 Internet www.westfieldcorp.com Dear Sir/Madam WESTFIELD CORPORATION (ASX: WFD) FULL YEAR RESULTS FOR YEAR ENDED 31 DECEMBER 2017 Attached are the Appendix 4E and 2017 Annual Financial Report for Westfield Corporation. Yours faithfully WESTFIELD CORPORATION Simon Tuxen Company Secretary Encl. Westfield Corporation Limited ABN 12 166 995 197 Westfield America Management Limited ABN 66 072 780 619 AFS Licence 230324 as responsible entity of Westfield America Trust ABN 27 374 714 905 ARSN 092 058 449 and as responsible entity of WFD Trust ABN 50 598 857 938 ARSN 168 765 875 Westfield Corporation 1 : Appendix 4E For the year ended 31 December 2017 2 (previous corresponding period being the year ended 31 December 2016) Results for Announcement to the Market: For the 12 months ended 31 December 2017 31 Dec 2017 31 Dec 2016 Revenue (including equity accounted revenue of US$685.6 million up 17.1% 2,105.1 1,798.4 (31 December 2016: US$675.8 million)) (US$million) AIFRS profit after tax attributable to members (US$million) up 13.5% 1,551.2 1,366.1 Distributions US Cents per stapled security Dividend/distributions for the year ended 31 December 2017 up 1.6% (i) to 25.50 Interim dividend/distributions paid on 31 August 2017 12.75 Final dividend/distributions in respect of Westfield Corporation earnings to be paid on 28 February 2018 comprising: 12.75 ‐ distribution in respect of a WFD Trust unit 10.20 ‐ distribution in respect of a Westfield America Trust unit 2.55 ‐ dividend in respect of a Westfield Corporation Limited share nil (i) Compared to distributions for the year ended 31 December 2016 of 25.10 US cents per stapled security.
    [Show full text]
  • Westfield Group Annual Report 2011
    WESTFIELD GROUP ANNUAL REPORT 2011 WorldReginfo - 121f87dc-659b-4ff6-8756-60bd13f7d162 WorldReginfo - 121f87dc-659b-4ff6-8756-60bd13f7d162 WESTFIELD SYDNEY: The world-class project at Westfield Sydney has changed the face of retailing in downtown Sydney, and its mix of domestic and international luxury and ‘high street’ retailers, and the premium dining precinct has seen the centre achieve the highest specialty sales productivity in the Group’s global portfolio in its first year. CONTENTS Westfield Sydney IFC Portfolio Overview 02 Chairman’s Report 04 Co-Chief Executive Officers’ Report 06 Sustainability 16 Human Resources 18 Property Portfolio 20 Board of Directors 24 Financial Report 26 Investor Relations 137 Corporate Directory 140 Front cover image: Westfield Stratford City This page: Westfield Sydney WorldReginfo - 121f87dc-659b-4ff6-8756-60bd13f7d162 43 centres 55 centres Australia United States 12 centres New Zealand The Westfield Group has interests in and operates one of the world’s largest shopping centre portfolios. This high-quality portfolio of 118 shopping centres across Australia, the United States, the United Kingdom, New Zealand and Brazil, is valued at $61.7 billion and has almost 24,300 retailers in more than 10.6 million square metres of retail space. PORTFOLIO OVERVIEW (1) Gross Lettable Area Assets Under Management WDC Asset Value United Kingdom 6% New Zealand 4% United Kingdom 14% New Zealand 4% United Kingdom 15% New Zealand 3% Brazil 1% Brazil 1% Brazil 1% United States 55% Australia 34% United States 29% Australia 52% United States 42% Australia 39% Westfield Holdings Limited ABN 66 001 671 496 All amounts in Australian dollars unless otherwise specified This report contains forward-looking statements, including statements regarding future earnings and distributions.
    [Show full text]