LOI with a 'leading global shopping centre management group to develop the potential for intelligent locker deployments at their shopping centres'.
Westfield?
"The Westfield Group is one of the largest retail property groups in the world by equity market capitalisation and one of the largest entities listed on the Australian Securities Exchange. Operating on a global platform, the Westfield Group is an internally managed, vertically integrated shopping centre group, undertaking ownership, development, design, construction, funds and asset management, property management, leasing and marketing. It employs over 4,000 staff worldwide.
Westfield has interests in an investment portfolio of 124 shopping centres in Australia, New Zealand, the United Kingdom, the United States and Brazil, valued in excess of A$59 billion. These shopping centres have strong positions in their local markets with geographic, retail and economic diversity providing a strong and consistent income stream. The centres are located in prime trade areas, anchored by long-term tenancies with major retailers and incorporating a wide cross-section of high-quality specialty retailers and national chain store operators"
Is it a coincidence that TZ's head office is one (1) street across from Westfield's head office? Time will tell. (sounds good to me!!!!!! if it is !!!)
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