GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Westfield Corp (ASX:WFD) » Definitions » Fixed Maturity Investment

Westfield (ASX:WFD) Fixed Maturity Investment


View and export this data going back to 2000. Start your Free Trial

What is Westfield Fixed Maturity Investment?

Fixed Maturity Investment only applies to insurance companies.


Westfield (ASX:WFD) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Westfield is one of the largest global retail REITs, with interests in 35 malls with a gross value of USD 21.4 billion and external assets under management of USD 13 billion. Westfield's passive investments generate about 80% of group EBIT, with the balance derived from management fees and development income. It differs from peers by developing malls in signature locations, and aims to make each of its assets into a destination centre, with comprehensive entertainment facilities and premium retailers.