Westfield Group news and archive

Intu to buy three Westfield shopping centres

Shopping centre group Westfield has sold three of its UK properties, Merry Hill, Derby and Sprucefield to property company Intu as part of deal worth nearly 600 million pounds. Intu has paid 390.3 million pounds for Westfield Derby, which opened in 2007; the shopping centre was Westfield’s first UK investment and features more than 180 shop...

Fashion

Westfield to open in Croydon

Westfield Group, has announced plans to make Croydon the location of its third shopping destination. Having first built Westfield London in the west of the city and followed this by opening Westfield Stratford in the north-east of London in September this year, the property firm is now working with the Whitgift Foundation to establish a presence...

Fashion

Westfield achieves business growth

Global property commercial company, Westfield Group, has today announced that at the end of its first quarter 96.9% of its worldwide portfolio was successfully leased. Against the backdrop of economic retail doom, the firm’s flagship UK shopping centre, Westfield London, saw retail sales grow by 19.8% year on year in the three months to March...