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Steven Lowy

Type: Person

Name: Steven Lowy

First reported May 17 2013 - Updated May 17 2013 - 1 reports

Westfield co-CEOs under fire over $18 million executive pay packets

Westfield Group's joint chief executives Steven and Peter Lowy have come under fire from two US proxy shareholder groups after they earned a combined 2012 remuneration package in excess of $18 million.The two Lowy brothers were appointed co-chief executives ... [Published Property Observer - May 17 2013]

Entities: Westfield Group Ltd, Peter Lowy, Steven Lowy, Glass Lewis & Co

First reported May 16 2013 - Updated May 16 2013 - 1 reports

Westfield exec pay comes under fire

Proxy firm knocks pay practices despite backing remuneration report.You must be logged in to read this articleNot a member yet? Register today ›Business Spectator is available on all of your devices so you can access the latest news and commentary where ... [Published Business Spectator - May 16 2013]

Entities: Westfield Group Ltd, Steven Lowy, Glass Lewis & Co, Log

First reported May 08 2013 - Updated May 08 2013 - 1 reports

Jones Lang LaSalle Inc

Shopping centres cut rents in bid to keep vacancies low

The pressure on specialty retailers from the internet, higher savings by households and a basic loss of interest in what they have for sale, has forced landlords to cut rents in a bid to keep vacancy rates low at shopping centres.While it's not at a crisis ... [Published Brisbane Times - May 08 2013]

Entities: Jones Lang LaSalle Inc, Steven Lowy, Declination

First reported May 01 2013 - Updated May 01 2013 - 2 reports

Westfield disposes stake in Brazilian JV to Almeida Junior Family

Australian shopping center group Westfield has off-loaded its 50% stake in Brazilian joint venture (JV) to the Almeida Junior Family.It was late 2011 when Westfield made its $440m foray into Brazil to become a 50% partner in the development and management ... [Published Retail Business Review - May 01 2013]

Entities: Steven Lowy, Joint Venture, Brazil, Book Value

First reported May 01 2013 - Updated May 01 2013 - 1 reports

Lend Lease Corporation Ltd

Westfield shrugs off Brazil split

Following claims that they had sought a legal resolution, Westfield Group and Brazilian joint venturer Almeida Junior have parted ways. The Australian-listed shopping centres company will divest its 50% stake to Almeida, but joint CEO Steven Lowy says ... [Published Individual.com - May 01 2013]

Entities: Westfield Group Ltd, Brazil, Steven Lowy, Goodman Group Ltd, Lend Lease Corporation Ltd

First reported Apr 30 2013 - Updated Apr 30 2013 - 3 reports

Westfield pulls out of Brazilian venture

Westfield Group has exited the ''historic'' joint venture it formed 18 months ago in Brazil, amid suggestions the partnership could not reach agreement for the long-term composition of developments.Westfield made clear on Tuesday it remained committed ... [Published Nyngan Observer - Apr 30 2013]

Entities: Westfield Group Ltd, Steven Lowy, Joint Venture, Brazil

First reported Apr 30 2013 - Updated Apr 30 2013 - 1 reports

Westfield Group Ltd

Westfield Exits Brazil Venture Less Than Two Years After Entry

Westfield Group (WDC), the world’s biggest shopping center operator by assets, sold its stake in a Brazilian joint venture, less than two years after entering the market with a $466 million investment.Westfield, which manages about $66 billion of assets ... [Published Bloomberg - Apr 30 2013]

Entities: Westfield Group Ltd, Brazil, Steven Lowy

First reported Apr 29 2013 - Updated Apr 30 2013 - 2 reports

Westfield disposes of Brazilian asset

The company says it has sold the stake to the Almeida Junior Family.The proceeds from the disposal of the interest, which represented less than one per cent of Westfield's assets, were in line with book value, the company said today, without giving a ... [Published The Sydney News - Apr 30 2013]

Entities: Steven Lowy, Book Value, Joint Venture

First reported Apr 30 2013 - Updated Apr 30 2013 - 2 reports

Westfield Backs Out of Brazil Mall Joint Venture

SYDNEY--Westfield Group (WDC.AU) said Tuesday it has terminated its joint venture in Brazil with Almeida Junior Shopping Centers SA, backing out less than two years after it entered the emerging market.The global shopping mall giant has sold its 50% interest ... [Published 4 Traders - Apr 30 2013]

Entities: Westfield Group Ltd, Joint Venture, Brazil

First reported Mar 01 2013 - Updated Mar 01 2013 - 1 reports

Westfield Retail Slumps by Most in a Year as Lowys Sell Stake - Bloomberg

Westfield Retail Slumps by Most in a Year as Lowys Sell Stake Bloomberg LFG held the second-biggest stake in the A$9.4 billion retail trust in the name of Lowy's son and Westfield Group co-Chief Executive Officer Steven Lowy, according to data compiled ... [Published Bloomberg via Google News - Mar 01 2013]

Entities: Westfield Retail Trust, Steven Lowy, Westfield Group Ltd

Quotes

...interest in this joint venture as the partnership was not conducive to the achievement of the Group's long term objectives in Brazil," Lowy said. "we will continue to independently review opportunities in the region in line with our global operating strategy." Westfield has interests in and operates largest shopping center portfolios with investment interests in 100 shopping centers across Australia, the US...

Westfield disposes stake in Brazilian JV to Almeida Junior Family [Published Retail Business Review - May 01 2013]

More Content

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Westfield co-CEOs under fire over $18 million e... [Published Property Observer - May 17 2013]
Westfield exec pay comes under fire [Published Business Spectator - May 16 2013]
Shopping centres cut rents in bid to keep vacan... [Published Brisbane Times - May 08 2013]
Westfield disposes stake in Brazilian JV to Alm... [Published Retail Business Review - May 01 2013]
Westfield shrugs off Brazil split [Published Individual.com - May 01 2013]
Westfield exits Brazilian venture [Published City A.M. - May 01 2013]
Westfield pulls out of Brazilian venture [Published Nyngan Observer - Apr 30 2013]
Markets Live: ANZ surges to record high [Published Brisbane Times - Apr 30 2013]
Markets Live: ANZ surges to record high [Published Canberra Times - Apr 30 2013]
Australia's Westfield Quits Brazil Venture [Published Tradesignal Online - Apr 30 2013]
WESTFIELD GROUP: Australia's Westfield Quits Br... [Published 4 Traders - Apr 30 2013]
Westfield sells out of Brazilian joint venture [Published Oberon Review - Apr 30 2013]
Markets Live: Telstra hits multi-year highs [Published Sydney Morning Herald - Apr 30 2013]
Markets Live: Telstra hits multi-year highs [Published Brisbane Times - Apr 30 2013]
Markets Live: Telstra hits multi-year highs [Published WA Today - Apr 30 2013]
Markets Live: Telstra hits multi-year highs [Published Canberra Times - Apr 30 2013]
Westfield sells out of Brazilian joint venture [Published Sydney Morning Herald - Apr 30 2013]
Westfield Exits Brazil Venture Less Than Two Ye... [Published Bloomberg - Apr 30 2013]
WESTFIELD GROUP : Westfield Quits Brazil Ventur... [Published 4 Traders - Apr 30 2013]
Westfield disposes of Brazilian asset [Published The Sydney News - Apr 30 2013]
Westfield Backs Out of Brazil Mall Joint Venture [Published 4 Traders - Apr 30 2013]
WESTFIELD GROUP: Westfield Backs Out of Brazil ... [Published 4 Traders - Apr 30 2013]
Westfield disposes of Brazilian asset [Published NineMSN Finance - Apr 29 2013]
Westfield Retail Slumps by Most in a Year as Lo... [Published Bloomberg via Google News - Mar 01 2013]