Westfield New Zealand third-quarter sales rise 0.8%

Retail store sales in Westfield Retail Trust malls in New Zealand rose 0.8 percent in the three months to Sept. 30 from the same period a year ago.

The trust has 12 malls in New Zealand with a total of 1,715 retail outlets. Its portfolio across New Zealand and Australia is 99.5 percent leased.

Annual retail sales of $NZ2.2 billion were achieved on a rolling 12 months basis.

Sales of all store types were up 0.8 percent in the three months from the same period a year ago. Sales at major stores in New Zealand malls rose 2.6 percent from a year ago. Sales at mini-major stores rose 1.8 percent and sales at specialty stores were flat.

(BusinessDesk)

BusinessDesk.co.nz

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

Spark New Zealand appoints new director to the Spark Board
AFT to announce full year results on May 23 2024
CRP - Korella North Takes Another Two Steps Forward
May 3rd Morning Report
ASB workers to strike as bank proposes an effective pay cut
Rising tides, sinking stocks: study explores cost of climate change
May 2nd Morning Report
AGL - Change in Senior Management
Devon Funds Morning Note - 01 May 2024
Rick Christie to step-aside as a non-executive director