Full year net profit at Westfield, the world's biggest shopping centre operator, rose by more than 18% to $A1.72 billion.
Despite subdued retail conditions for most of the year, the company said its Australian shopping centres performed well.
The ABC reports the company has assets valued at $A64.4 billion and has $A12 billion worth of work in development, including new centres in Milan and Croydon, London, as well as a range of redevelopments.
Westfield's business portfolio includes 105 shopping centres in five countries, containing almost 23,000 shops with 1.1 billion customer visits annually.
Investors will receive a full-year dividend of 49.5 cents per share.
