Westfield eyes new acquisition opportunities

05/27/2010 | Bloomberg · Wall Street Journal, The

Westfield Group is interested in acquiring new assets since the door to a potential acquisition of General Growth Properties is shut. The company is willing to consider GGP properties on an individual basis but is also interested in assets in markets in which it doesn't have a presence, Chairman Frank Lowy says. "When an opportunity comes, particularly in new markets that we're not in, we will consider it," he says. "We are able to consider it."

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Bloomberg · Wall Street Journal, The

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