Flash ReportWestfield Corporation Divests Five US Shopping Centers for $1.1 Billion Coresight Research December 9, 2015 Executive Summary The divested assets total more than 6 million square feet of retail space across four US states. The proceeds of the transaction will fund the company’s US$11.4 billion development program, which includes the Westfield World Trade Center in New York planned to open in 2017. The sale will also reduce the company’s gearing, or the debt-to-equity-capital ratio, by 3%, bringing it down to 29.2%. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Shoptalk Spring 2025: Day Two—Next-Generation Search and the Leading Edge of Storytelling, from Influencers to Lived ValuesEconomic and Financial Sentiment Stabilizes: Weekly US Consumer Sentiment, Week 14, 2025—Infographic2026 Sector Outlook: US Mass Merchandisers, Warehouse Clubs and Discount Retailers—Warehouse Clubs To Lead Growth amid Sustained Value-Seeking BehaviorHoliday Bites—Prime Big Deal Days, Walmart Deals, Target Circle Week and Kohl’s Cyber Deals: Consumer Participation—Data Graphic
