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EXHIBIT 10.1

EIGHTH AMENDMENT TO THE
FIRST AMENDED AND RESTATED AGREEMENT
OF LIMITED PARTNERSHIP OF
WESTFIELD AMERICA LIMITED PARTNERSHIP

    This EIGHTH AMENDMENT TO THE FIRST AMENDED AND RESTATED AGREEMENT OF LIMITED
PARTNERSHIP OF WESTFIELD AMERICA LIMITED PARTNERSHIP, dated as of May 2, 2001
(this "Amendment"), is among Westfield America, Inc., a Missouri corporation
(the "Managing General Partner"), as the managing general partner of Westfield
America Limited Partnership, a Delaware limited partnership (the "Partnership"),
and on behalf of the Limited Partners pursuant to the authority conferred on the
Managing General Partner by Sections 2.4 and 12.3 of the First Amended and
Restated Agreement of Limited Partnership of Westfield America Limited
Partnership, dated as of August 3, 1998, as amended (as so amended, the
"Agreement"). Capitalized terms used herein, but not otherwise defined herein,
shall have the respective meanings ascribed thereto in the Agreement.

    WHEREAS, pursuant to Sections 7.1 and 12.3 of the Agreement, the Managing
General Partner is authorized to determine the designations, preferences and
relative, participating, optional or other special rights, powers and duties of
additional Partnership Units and to amend the Agreement, and the Managing
General Partner is hereby creating the Partnership Preferred Units with the
designations, preferences and other rights, terms and provisions as set forth on
Exhibit Q attached hereto.

    NOW, THEREFORE, in consideration of the foregoing, and other good and
valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties hereto agree as follows:

    1.  The Agreement is hereby amended by the addition of a new exhibit,
entitled "Exhibit Q" in the form attached hereto, which shall be attached to and
made a part of the Agreement.

    2.  Except as specifically amended hereby, the terms, covenants, provisions
and conditions of the Agreement shall remain unmodified and continue in full
force and effect and, except as amended hereby, all of the terms, covenants,
provisions and conditions of the Agreement are hereby ratified and confirmed in
all respects.

    3.  This Amendment shall be construed and enforced in accordance with, and
governed by, the laws of the State of Delaware, without regard to principles of
conflicts of law.

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    IN WITNESS WHEREOF, this Amendment has been executed as of the date first
written above.

    WESTFIELD AMERICA, INC.,
Managing General Partner
 
 
 
 
 
 
 
By:
 
/s/ IRV HEPNER   

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Name: Irv Hepner
Title: Secretary
 
 
 
 
 
 
 
ALL LIMITED PARTNERS
 
 
By:
 
Westfield America, Inc., as attorney-in-fact pursuant to the power of attorney
granted under Section 2.4 of the Agreement.
 
 
 
 
 
 
 
By:
 
/s/ IRV HEPNER   

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Name: Irv Hepner
Title: Secretary

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EIGHTH AMENDMENT TO THE FIRST AMENDED AND RESTATED AGREEMENT OF LIMITED
PARTNERSHIP OF WESTFIELD AMERICA LIMITED PARTNERSHIP