Business Services Industry
'Pathetic' criticism ignites Lowy blast.(Frank Lowy criticizes Lend Lease Corporation Ltd.)(Brief Article)
Australasian Business Intelligence, May, 2005
May 12, 2005 (The Courier-Mail - ABIX via COMTEX)
Lend Lease has been criticised by Australian shopping centres magnate, Frank Lowy. The chairman of Westfield Group is disappointed by comments made by Lend Lease executives during a market presentation on plans by General Property Trust to sell some of its shopping centres to Westfield. Lowy describes the presentation as "pathetic", saying Lend Lease founder Dick Dusseldorf would have "turned in his grave". Westfield shares closed $A0.04 higher on 12 May 2005, at $A16.69.
Publication Date: 13 May 2005
WESTFIELD GROUP - ASX WDC:
LEND LEASE CORPORATION LIMITED - ASX
LLC:
GENERAL PROPERTY TRUST - ASX GPT
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