CNP 0.00% 4.0¢ cnpr group

westfield - its about earnings and occupancy

  1. 3,232 Posts.
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    and heres an indication...

    "Shopping centre owner Westfield Group expects operational earnings to increase by 5.5 per cent this year in line with previous forecasts.

    The company says average occupancy levels across its local and international centres stand at just over 97 per cent, despite the global economic downturn.

    Shopping centres in the US have the lowest occupancy levels at almost 93 per cent.

    Retail sales at its centres in Australia rose almost 4 per cent in the September quarter and the company has also restarted its distribution reinvestment plan."

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