Westfield Group Announces Divestment of Eight Non-Core Shopping Centers In the US For $1.15B

The Westfield Group (ASX: WDC) today announced it has entered into agreements to divest eight non-core shopping centres in the U.S. for US$1.154 billion. Starwood Capital Group will own the majority interest in seven of the centres while the eighth centre, Eastland, is being sold in a separate transaction. "Today's announcement represents a further step […]