Westfield Group Lift Q1 sales

Company News

Westfield Group (ASX:WDC) has lifted retail sales in the first quarter to $20.3 billion.
 
The global retail property manager has lifted comparable specialty retail sales by 4.4 per cent for the three months to March.
 
CEO, Steven Lowy, says since the third quarter of last year they have seen an improving trend in the retail sales environment.
 
The company’s Australia and New Zealand portfolio of retail leases was over 99.5 per cent leased in the period. 
 
Westfield Group reported a net profit of $1.62 billion in the 2013 calendar year. 

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