Global Portfolio

Westfield Group has interests in, and operates, one of the world’s largest shopping centre portfolios. This high-quality portfolio of 90 centres in Australia, New Zealand, the United States, and the United Kingdom is valued at $70 billion and has around 20,500 retailers in 8.7 million square metres of retail space. The Group’s centres have strong positions in their local markets with geographic, retail and economic diversity providing a consistent income stream. The centres are located in prime trade areas, anchored by long-term tenancies with major retailers and incorporate a wide range of luxury and ‘high-street’ retailers integrated with fashion, dining, leisure and entertainment.

Westfield continually improves the quality of its portfolio through acquisitions and a development program valued at $12 billion.

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 %