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Westfield Group

This Australian shopping centre group develops malls around the world and manages more than A$63 billion in properties and assets.

Vital statistics

  • 1956 Established
  • Public Type
  • 5,001 - 10,000 Number of employees
  • $2,385.1m (2013) Revenue
  • Sydney, New South Wales, Australia HQ

Company Snapshot

Company Snapshot

The Westfield Group is an Australian shopping centre group undertaking ownership, development, design, construction, funds/asset management, property management, leasing, and marketing activities. The multinational company is listed on the Australian Securities Exchange and has interests in and operates one of the world's largest shopping centre portfolios with investment interests in 103 shopping centres across Australia, the United States, the United Kingdom, New Zealand and Brazil, encompassing around 23,000 retail outlets and total assets under management in excess of A$63 billion.

The Westfield Group had origins in the western suburbs of Sydney. The first development was named "Westfield Place", and opened in July 1959 in Blacktown. The name Westfield is derived from "west" related to the West-Sydney location, and "field" due to having located on subdivided farmland. The centre was opened by John Saunders and Frank Lowy.

Westfield London is a shopping centre in White City, London, United Kingdom. The centre was developed by the Westfield Group at a cost of £1.6bn, on a site bounded by the West Cross Route (A3220), the Westway (A40) and Wood Lane (A219), and opened on 30 October 2008.

The centre is noted for its size: it has a retail floor area of 150,000 m² (1.615m ft²), the equivalent of about 30 football pitches.

Source: Wikipedia

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