Westfield is a top 20 ASX listed company (WFD) and one of the largest global real estate companies by equity market capitalisation.
Our strategy is to create the highest quality and most productive shopping centre portfolio globally, maximising the value through ongoing development and intensive asset management.
|GLA (m sqf)||24.5||19.7||44.2|
|Assets Under Management||$29.1||$5.4||$34.5|
|WFD Interest (bn)||$18.4||$3.0||$21.4|
|JV Partner Interests (bn)||$10.7||$2.4||$13.1|
Stats in USD unless specified otherwise
1 As at 31 December 2017
Development Program Highlights
Westfield has $2.4 billion of current projects, with an estimated yield range of approximately 7-8%.
|CENTRE||TOTAL PROJECT $M||WESTFIELD CORPORATION $M||ANTICIPATED COMPLETION|
|Westfield London (UK)||£600||£300||1Q18|
|Valley Fair (San Jose)||1,100||550||2019|
|Westfield World Trade Center (New York) - Tower 31||300||300||2019|
|UTC (San Diego) - Residential||200||100||2019|
1Represents the remaining 75,000 square feet of the 365,000 square foot project total
|RETAIL||TOTAL PROJECT $bn||WESTFIELD CORPORATION SHARE||ANTICIPATED COMMENCEMENT|
|Milan (Italy)||€1.4||75%||2018 - 2019|
|Topanga (Los Angeles)||$0.3||55%||2018 - 2019|
|Croydon (London)||£1.4||50%||2018 - 2019|
|Other Future Retail Projects||$2.2|
|2018||Stratford City (London)||1,200|