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May 29, 2002

WESTFIELD SNATCHES UP NINE SHOPPING CENTERS

Westfield America Inc. has acquired nine shopping centers in five different states from The Richard E. Jacobs Group Inc. The $756 million cash and stock deal closed April 24.

        Westfield America Inc. has acquired nine shopping centers in five different states from The Richard E. Jacobs Group Inc. The $756 million cash and stock deal closed April 24.
        Los Angeles' Westfield America is a real estate investment trust that specializes in shopping centers in major metropolitan areas. With this acquisition, its portfolio contains 61 shopping centers that hou...

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