Westfield Group, the world's biggest listed shopping centre owner, says first-half net profit declined 34.9% to $1.29 billion as the value of its properties dropped on the credit crunch.
Operational segment earnings for the six months to June 30 rose 14.7% to $928 million, the Sydney-based company said in a statement today.
Westfield said it would pay an interim dividend of 53.25 cents per shares, unchanged from the previous year
