Overview

Westfield Corporation is a publicly-listed stapled group consisting of Westfield Corporation Limited and America Management Limited as the responsible entity for WFD Trust and Westfield America Trust. Westfield Corporation has operations in Australia, the United Kingdom and the United States. The group is listed on the Australian Securities Exchange under the code WFD and is headquartered in Sydney. 

Westfield Corporation was created as a result of a restructure where Westfield Group split its domestic and international operations. Westfield Group demerged creating Scentre Group, which manages the Australian and New Zealand operations, and Westfield Corporation, which manages the UK and US operations.

Westfield Corporation owns and operates retail shopping centres. The company currently has 34 shopping centres in the United States, the United Kingdom and Europe. Within their shopping centres the company provides:

  • Leases to retailers.
  • Leases to common-area operators such as cafe and fast food franchises.
  • Brand Ventures which provide marketing services to companies wishing to use event spaces in Westfield shopping centres.

In addition, Westfield’s, Westfield Labs division, develops digital technology designed to better connect digital media to physical shopping space. Westfield also operates in airports throughout the United States.

The company's current developments include:

  • New York - Westfield World Trade Center
  • Italy - Westfield Milan, a joint venture with Gruppo Stilo
  • London - Croydon, a £1 billion joint venture with Hammerson, & Westfield London Phase 2
  • California - Los Angeles: Westfield Topanga & Westfield Century City; San Jose: Westfield Valley Fair; San Diego: Westfield UTC Phase 2

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