Date: Mar 25, 2014
Press Release Number: 64
PORT AUTHORITY COMPLETES $800 MILLION SALE IN WORLD TRADE CENTER RETAIL TO WESTFIELD
The Port Authority today announced the closing of the sale of the agency's remaining 50 percent interest in the World Trade Center retail project to The Westfield Group (ASX:WDC). The transaction reflects the Port Authority's continuing efforts to return to its core transportation mission and to divest itself of its non-core ventures.