Westfield Corporation
(ASX:WFD) has delivered a profit of $US465.9 million in the six months to June 30.
The real estate investment trust is reaping the benefits from the restructure of Westfield Group.
The company formed Westfield Corporation in June 2014 alongside the creation of Scentre Group, in an effort to split the firm’s Australian and New Zealand business from its international operations.
Westfield said the results of the restructure can be seen in the significant progress being made on the firm’s $11.4 billion development program.
The company will pay an interim dividend of 12.55 US cents.
