CORPORATE NEWS

Westfield America, Inc. (NYSE:WEA) announces acquisition of Crestwood Plaza in St. Louis, Missouri

14 January 1998


Countries: United States

Los Angeles, CA, January 14, 1998 - Westfield America, Inc. (NYSE: WEA) announced today that it is acquiring a 100% interest in CRESTWOOD PLAZA shopping center, located in Crestwood, Missouri, from Crestwood Plaza Shopping Center, L.L.C., for a total acquisition cost of $106.4 million.