Westfield Trust (ASX:WFT) Policyholder Funds

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Westfield Trust Policyholder Funds?

Policyholder Funds only applies to insurance companies.

Westfield Trust Business Description

Westfield Trust was an Australian listed property trust that held interests in a portfolio of shopping centres across Australia and New Zealand. Its properties comprised regional and super-regional malls, with tenants including national department stores, discount department stores, supermarkets, and specialty retailers. The trust generated revenue primarily from rental income and property management fees, with additional income from development and redevelopment activities. Westfield Trust was managed by Westfield Management Limited, part of the Westfield Group, and was one of the entities through which the Westfield group held its Australian and New Zealand shopping centre assets. In 2004, Westfield Trust was merged with Westfield America Trust and Westfield Holdings Limited to form Westfield Group, a stapled security structure. The Westfield Group was subsequently restructured in 2014, separating its Australian and New Zealand operations into Scentre Group.