O’Connor Capital Partners and Westfield Form a $925 Million Mall Joint Venture

Westfield Corporation, a shopping center developer, has entered in a deal with New York City-based O’Connor Capital Partners to form a US$ 925 million joint venture with three of its regional shopping centers in the United States. O’Connor Capital has a 47.4% interest in the joint venture that is made up of Westfield Palm Desert, Westfield Trumbull and Westfield Wheaton. Westfield will be the property and leasing manager, and developer for the joint venture’s assets. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

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