Overview

Westfield Group has one of the world’s largest shopping centre portfolios with 90 centres in Australia, New Zealand, United States, and the United Kingdom. Westfield shopping centres are highly productive, with strong franchise value and the ability to attract the world’s leading retail brands. They are an essential part of the community’s social and economic fabric. Last year more than 1 billion customer visits generated over $40 billion in retail sales.

The Group’s strategy is to develop and own superior retail destinations in major cities by integrating food, fashion, leisure and entertainment and by using technology to better connect retailers with consumers. The Group continually improves its portfolio by developing existing centres, acquiring new centres and exploring opportunities in new markets. Many shopping centres in the portfolio are owned in partnership with the world’s leading property investment institutions.

Westfield also works with the world’s leading retail and luxury brands to create a unique shopping and leisure experience. Westfield manages every aspect of its portfolio - from design, construction and development to leasing, management and marketing – ensuring that its centres constantly meet the highest expectations of today’s retailers and consumers.

  • 90 Malls
  • 20,536 Retail Outlets
  • 1B Shopping Visits
  • $70.0B* Portfolio Value

Global Lettable Area

  • United States49%
  • Australia39%
  • United Kingdom7%
  • New Zealand5%

Assets Under Management

  • Australia51%
  • United States29%
  • United Kingdom16%
  • New Zealand4%

WDC Interests

  • United States40%
  • Australia39%
  • United Kingdom17%
  • New Zealand4%

* Development site Milan, Italy

Current United States Australia United Kingdom New Zealand Total
Centres 38385990
Retail Outlets 6,74711,1351,2451,40920,536
GLA (m sqm) 4.33.40.60.48.7
WDC Interests (bn) US$12.1$13.4£3.2NZ$1.4$34.0
JV Partner Interests (bn) US$6.1$22.6£2.8NZ$1.4$36.0
Assets Under Management (bn) (AUM) US$18.2$36.0£6.0NZ$2.8$70.0
WDC Share of AUM 66%37%53%50%49 %

"Evolution and change are the words for shopping centre success." - Frank Lowy, Chairman

  • Iconic Retail Destinations Video

Westfield is currently investing in high quality assets to meet the needs of today's shopper. These new centres attract the world's leading brands and feature the best in architectural design.