Financial Services >> CEO Interviews >> May 10, 1999

Peter Lowy – Westfield America Inc (wea)

PETER LOWY is Co-President of Westfield America, Inc. (NYSE: WEA), the fourth largest shopping center REIT in the U.S. headquartered in Los Angeles, California. The company has 38 regional shopping centers with 3.5 million square feet of retail space and 4700 retailers. Branded nationwide as Westfield Shoppingtowns, these centers serve 10% of the U.S. population. Mr. Lowy is Executive Director of Westfield Holdings, Ltd. Sydney, Australia, and is responsible for Westfield's U.S. operations. Westfield Holdings, Ltd., is a fully integrated, full- service shopping center company which designs, builds, leases, and manages major retail properties in Australia, the United States, Malaysia and New Zealand. He has a Bachelor of Commerce degree from the University of New South Wales, Australia. Mr. Lowy worked in investment banking both in London and in New York City before joining Westfield, in 1983. He has been responsible for Westfield's U.S. operations since 1990, and resides in California. Profile
TWST: Please give us a brief overview and a little bit of the history of

the company.

Mr. Lowy: Westfield America is the fourth largest shopping center REIT

in the US. We went public in the