Unibail-Rodamco completes a $US25bn deal to acquire Australia’s Westfield Corporation
Ending Lowy family ownership of Westfield Shopping Centres.
Business
Richard Pratt, packaging king dies aged 74
Polish Jewish migrant created the multibillion-dollar Visy packaging empire
Victor Smorgon dies aged 96
(1913-2009), industrialist, innovator, philanthropist and family patriarch. Arrived with no English from the Ukraine at age 14.
Harry Seidler Architect dies aged 82
Mastermind behind iconic Sydney buildings such as Australia Square, the MLC Centre and Grosvenor Place
Sir James Wolfenson becomes President of The World Bank in New York
Australian born. Nominated by U.S. President Bill Clinton, Wolfensohn was only the third World Bank President to complete two terms, stepping down June 1st 2005.
Harry Triguboff undertakes his largest development to date, 18 apartments in Meriton Street, Gladesville.
Established in 1963, Meriton has built more than 77,000 apartments