Westfield Group
Logo used from 1960 to 2014 | |
| Company type | Public |
|---|---|
| ASX: WDC | |
| Industry | Real estate investment trusts |
| Genre | Shopping malls |
| Founded | 1960 |
| Founder | John Saunders Frank Lowy |
| Defunct | 2014 |
| Successors | Scentre Group Westfield Corporation |
| Headquarters | Sydney, New South Wales , Australia |
Area served | Australia United States United Kingdom New Zealand Italy |
Key people | Peter Lowy (co-CEO) Steven Lowy (co-CEO) |
| Revenue | US$833 million (2014) |
| US$391 million (2014) | |
| US$461 million (2014) | |
| Total assets | US$28.5 billion (2014) |
Number of employees | 2,000+ (2014) |
| Parent | Scentre Group |
| Website | westfieldcorp |
Westfield Group was an Australian shopping centre company that existed from 1960 to 2014, when it split into two independent companies: Scentre Group, which owns and operates the Australian and New Zealand Westfield shopping centre portfolio; and Westfield Corporation, which continued to own and operate the American and European centre portfolio until it merged to form Unibail-Rodamco-Westfield.
Westfield Group undertook ownership, development, design, construction, funds/asset management, property management, leasing, and marketing activities. The multinational company was listed on the Australian Securities Exchange and had interests in and operated one of the world's largest shopping centre portfolios with investment interests in 103 shopping centres across Australia, the United States, the United Kingdom, New Zealand, Italy and Brazil, encompassing around 23,000 retail outlets and total assets under management in excess of A$63 billion.