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Kalkine

Westfield (WDC)

Westfield group is the second largest global retail REIT with interests in 100 malls with a gross value of AUD 34 billion and assets under management of AUD 70 billion. Westfield’s passive investments generate about 80% of group earnings before interests and taxes, with the balance derived from management fees and development income. It differs from peers by developing malls in signature locations, with most an objective of each asset being a destination centre, with comprehensive entertainment facilities and premium retailers.
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