Australia's Westfield Group has declined to comment on media speculation that it is preparing to enter into a bidding war over Rotterdam-based peer Rodamco Europe. Westfield announced on Wednesday it was raising AUD$3 bn in the second largest share placing in Australia's history 'to finance the group's activities and future opportunities, in particular, its extensive development programme'.
Private asset management company Kryalos has completed the acquisition of a light industrial property in Rome, through its Mars fund.
