Portfolio

Westfield Corporation has one of the world’s highest quality shopping centre portfolios with 35 centres in the United States, United Kingdom and Europe.

Last year approximately 411 million customer visits generated over US$15 billion in retail sales.

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. Our 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.

Westfield Corporation 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.

Assets Under Management

  • Flagship82%
  • Regional18%

Assets by Geography

  • United States74%
  • United Kingdom26%

* Development site Milan, Italy

Current 1 Flagship Regional Total
Centres 171835
Retail Outlets 3,7462,6896,435
GLA (m sqf) 23.719.543.2
Assets Under Management (bn) $25.4$5.5$30.9
WFD Interests (bn) $16.0$3.1$19.1
JV Partner Interests (bn) $9.4$2.4$11.8
WFD Share 63%56%62%

* Stats in USD unless specified otherwise

1 As at 31 December 2016.