Which retail REITs should you own? | Motley Fool Australia: "Westfield Group (ASX: WDC) owns and manages Westfield Shopping Centres and has interests in 91 centres domestically and abroad. It holds ownership in Westfield Retail Trust (ASX: WRT) and is currently seeking shareholder approval of a new business structure where the Australian-New Zealand assets will be split from the overseas assets.
Its PE is 15.8 and the dividend yield is 4.9%. The share price has been trending down since May 2013. Full year net profit for FY2013 was down 6.7% compared to FY2012. Margins may improve if the proposed new business structure is approved since the overseas assets currently are achieving better performance."
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