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590:, New York in 1986. In 1994 Westfield joined with General Growth and Whitehall Real Estate to purchase 19 centres for US$ 1 billion. Westfield seems to form clusters of centres on particular cities or within a small number of states. They built considerable holdings on the East Coast and in California before expanding into the Midwest. By 2005, the company owned centres in 15 US states.
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Also in
Australia, Westfield fee structures and policies were criticised by retailers who operated in centres that had been taken over by the company. Retailers suggested that when centres were acquired there should be more cooperation between the new operators and existing tenants in bringing shops
861:
investigated several disputes between the
Westfield Group and its tenants. In 2004 the Commission found Westfield was abusing its market and commercial power in settling disputes with tenants, and forced Westfield to formally undertake to not engage in "Unconscionable conduct and intimidation" of
674:
was that SMS alerts were provided for when the shopper's three free hours of parking were about to expire and when the shopper left the centres. This feature was removed in 2016 due to concerns that the system could be used to track the movements of others by giving the wrong car numberplate on
615:
for A$ 1 billion and one other property to an undisclosed buyer for A$ 147 million. The funds would be used to repay debt and invest in businesses offering higher return. The sales were expected to be completed by mid–2012.
866:
up to the corporate standards of the
Westfield Group, and increases in rent (required to operate a shopping centre with high standards of fittings and services) should be staged with the required improvements in fittings.
713:
Westfield entered the New
Zealand market in 1997 and acquired an interest in the St Lukes Group portfolio in 1998. Westfield malls became by far the most numerous chain in New Zealand, with six of its 12 centres in
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730:, now known as Shore City Shopping Centre, and over the next five years sold, or divested itself of its interest in, six of the remaining stores. It now has five stores nationwide, four of them in Auckland.
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In 2015, a group of terrorists wanted to blow up the
Westfield London but they were stopped by police. They wanted the bombing to be around the same day as that of the 2005 London attacks anniversary.
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540:. 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.
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Having been established in
Australia, with their original premises being at Blacktown, the Westfield Group continued to operate a large number of shopping centres in Australia.
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705:. On 9 May 2006, Westfield sold eight United States shopping centres to Centro Properties Group. As of 2024, Westfield owned 16 malls in the United States.
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Westfield entered the United States market in 1977. In
September 2003 the company received $ 17.3 million as a party in the insurance claim following the
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Despite the
Westfield Group's asset dimensions, the Westfield Group was strongly controlled by the Lowy Family Group, including non-executive chairman,
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and had interests in and operated one of the world's largest shopping centre portfolios with investment interests in 103 shopping centres across
722:. Westfield had NZ$ 2.8 billion in assets under management in New Zealand. In mid-2012, Westfield sold its 50% share of Westfield Shore City in
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On 9 May 2006, Westfield announced the sale of eight United States shopping centres which it deemed to fit outside its strategic plan, to
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As of 2014, before
Westfield Corporation was created, Westfield had an interest in two shopping centres in
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The
Internationalisation Strategies of Small-Country Firms: The Australian Experience of Globalisation
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Sammartino, André; Van Ruth, Frances (2007). "The Westfield Group". In Dick, H.; Merrett, D. (eds.).
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In April 2012 it was announced that the Westfield Group would sell seven non-core property assets to
1010:. Vol. 45, no. 12, 882. Australian Capital Territory, Australia. 6 August 1971. p. 11
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Westfield Group undertook ownership, development, design, construction, funds/asset management,
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company that existed from 1960 to 2014, when it split into two independent companies:
1331:"Westfield to control 100% of Stratford City, Major East London Regeneration Project"
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940:"The Westfield Group's shopping centre portfolio is one of the largest in the world"
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1054:"Centro Watt Enters Mall Business; US Platform Well-Positioned to Continue Growth"
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in 1966–67. For the first half of 1971, Westfield reported earnings of $ 886,382.
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445:, which continued to own and operate the American and European centre portfolio.
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It may require cleanup to comply with Knowledge's content policies, particularly
536:. The first development was named "Westfield Place", and opened in July 1959 in
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On 9 October 2007 Westfield opened the £340m extension and refurbishment of
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By far its most significant asset was Westfield's 50% partnership in the
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and subsequently built. The centre would be about three kilometres from
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The expansion into the United States began with the purchase of the
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1304:(Press release). Westfield Group. 18 September 2006. Archived from
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1159:"Why your SMS alerts at Westfield Miranda and Hurstville stopped"
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Companies formerly listed on the Australian Securities Exchange
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reported that Westfield had agreed to acquire 15 stores from
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1083:"Westfield Sells 7 U.S. Malls to Starwood for $ 1 Billion"
601:, did the company open a fully new centre in the country.
1110:"Couple found guilty of 7/7 anniversary London bomb plot"
822:'s Eagle Centre, which saw the shopping centre rebranded
1410:"Westfield Derby shopping centre sold to Intu for £390m"
990:. Cheltenham, England: Edward Elgar. pp. 308–318.
909:
http://3e2rn51w31w0f6cvh1jkh9u48z.wpengine.netdna-cdyo
516:, encompassing around 23,000 retail outlets and total
40:
A major contributor to this article appears to have a
1436:"Westfield unveils plans for Croydon shopping centre"
765:. The development included the construction of a new
593:In the 1990s, Westfield began a major expansion to
1031:"Countdown under way for Albany supermall rollout"
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718:, including their largest development located in
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1354:"Broadway construction "will start in New Year""
1186:"Westfield wants out of World Trade Centre site"
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859:Australian Competition & Consumer Commission
807:Westfield was the developer behind the troubled
637:, one of its founders. Lowy's two younger sons,
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1333:(Press release). Westfield Group. 13 June 2006
570:in 1977, and was followed by three centres in
1299:"A New Icon in UK Retail: "Westfield London""
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1260:"Westfield sells Auckland's Shore City mall"
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1131:"Frank Lowy gives himself a $ 1.3m pay rise"
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1002:"Westfield, at new peak, lifts its payout"
641:and Peter, were joint managing directors.
547:in 1960 and built another five centres in
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1567:Real estate companies established in 1960
1482:"Westfield fees 'force business closure'"
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582:in 1980 and three centres in California,
71:Learn how and when to remove this message
1577:Australian companies established in 1960
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911:mum015/02/WFD-Annual-Fin-Report-2014.pdf
833:Westfield were reviewing plans with the
629:List of Westfield Group shopping centres
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1219:from the original on 15 September 2008.
1164:St George & Sutherland Shire Leader
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528:The Westfield Group had origins in the
1547:Shopping centres in the United Kingdom
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1129:Cummins, Carolyn (24 September 2004).
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826:. The centre was subsequently sold to
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1081:Saminather, Nichola (18 April 2012).
777:services, and a new entrance for the
1157:Trembath, Murray (3 February 2016).
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815:after acquiring Stannifer in 2004.
658:A feature of ticketless parking at
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1552:Real estate companies of Australia
1352:Kilner, Will (29 September 2006).
1205:Roger Vincent (18 February 2006).
675:registration of the phone number.
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1457:"Westfield promises not to bully"
1434:Dangerfield, Andy (5 July 2012).
1380:Walsh, David (30 November 2006).
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1537:Shopping center management firms
1455:Hughes, Anthony (18 June 2004).
1408:Johnson, Robin (20 March 2014).
1207:"Deal to Open Up Shopping Malls"
942:(Press release). Westfield Group
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651:List of Scentre Group properties
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1029:Gibson, Anne (23 August 2007).
543:The company was floated on the
19:For the company 2014–2018, see
1562:Defunct companies of Australia
1490:. Australia. 30 September 2006
1287:. Westfield Group. March 2018.
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792:redevelopment project next to
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545:Australian Securities Exchange
458:Australian Securities Exchange
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1285:"Property Portfolio - London"
1258:Gibson, Anne (29 June 2012).
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870:Relationship with competition
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129:Real estate investment trusts
701:, all but three in southern
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520:in excess of A$ 63 billion.
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699:Federated Department Stores
691:. On 18 February 2006, the
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668:Westfield Bondi Junction
1414:Derby Evening Telegraph
1387:Derby Evening Telegraph
1382:"The Eagle is Grounded"
606:Centro Properties Group
518:assets under management
380:US$ 28.5 billion (2014)
886:Liverpool City Council
613:Starwood Capital Group
564:Trumbull Shopping Park
551:before expanding into
363:US$ 461 million (2014)
346:US$ 391 million (2014)
1461:Sydney Morning Herald
1359:Telegraph & Argus
1191:Sydney Morning Herald
1136:Sydney Morning Herald
926:www.westfieldcorp.com
443:Westfield Corporation
198:Westfield Corporation
49:neutral point of view
21:Westfield Corporation
1311:on 28 September 2007
784:Westfield owned the
664:Westfield Hurstville
1194:. 5 September 2003.
1118:. 29 December 2015.
890:Westfield Liverpool
876:Orange Grove affair
835:Whitgift Foundation
672:Westfield Doncaster
450:property management
386:Number of employees
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1264:New Zealand Herald
1036:New Zealand Herald
689:World Trade Center
433:was an Australian
329:833 million (2014)
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771:London Overground
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660:Westfield Miranda
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100:Company type
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1142:28 November
763:West London
728:North Shore
709:New Zealand
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588:Long Island
580:Connecticut
568:Connecticut
478:New Zealand
470:Netherlands
307:Steven Lowy
278:Netherlands
258:New Zealand
225:Area served
1526:Categories
1466:4 December
1365:4 December
1337:4 December
1066:7 February
946:2 February
896:References
703:California
635:Frank Lowy
623:Operations
584:New Jersey
572:California
557:Queensland
353:Net income
297:Key people
190:Successors
166:Frank Lowy
120:: WDC
1269:11 August
965:"History"
882:Liverpool
862:tenants.
830:in 2014.
798:Stratford
645:Australia
538:Blacktown
462:Australia
230:Australia
218:Australia
112:Traded as
61:July 2015
53:talk page
1487:ABC News
1441:BBC News
1217:Archived
1170:28 March
1014:29 March
813:Bradford
809:Broadway
800:in east
796:park in
775:Southern
769:for the
724:Takapuna
716:Auckland
576:Michigan
553:Victoria
286:Slovakia
125:Industry
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740:England
687:on the
524:History
502:Croatia
498:Germany
494:Austria
456:on the
415:Website
318:Revenue
282:Germany
274:Austria
246:Croatia
180: (
172:Defunct
160:Founder
150: (
145:Founded
1419:4 July
1094:18 May
802:London
720:Albany
639:Steven
534:Sydney
514:Brazil
506:Poland
490:Sweden
486:France
472:, the
468:, the
464:, the
454:listed
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311:co-CEO
303:co-CEO
270:France
266:Brazil
262:Poland
254:Sweden
209:Sydney
104:Public
1309:(PDF)
1302:(PDF)
1240:6 May
922:"URW"
820:Derby
753:1.6b
482:Italy
290:Spain
242:Italy
135:Genre
1496:2006
1468:2006
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1367:2006
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1271:2013
1242:2024
1172:2017
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1068:2019
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