34


Westfield Story A drive for quality, attention to detail, and passion for innovation have characterised an extraordinary retail and property success story


Over half a century ago in September 1960, founded by Frank Lowy and John Saunders, Westfield began its life as a public company with two shopping centres in Sydney’s then outer suburbs and two residential developments. In the space of one business generation, Westfield has grown to become one of the world’s largest shopping centre owners and managers, with properties in Australia, New Zealand, United States of America, United Kingdom and Brazil. Throughout, it has played a major part in changing the way the world shops. Over the last few years the world’s economy has been delicately balanced, but shopping centres were reinforcing their position as irreplaceable components of urban and suburban


infrastructure. They have become part of the fabric of society. Today, people use them more often, and for more things than just shopping. And Westfield’s shopping centres are of the highest quality; as The International Council of Shopping Centres said of them ‘Westfield and its centres invoke in the minds of shoppers and competitors a specific image of quality that no other shopping centre company has achieved.’ A relentless drive to quality has been a hallmark of the Group since its establishment. Quality assets are attractive to retailers and shoppers and continue to perform well relative to lesser assets, even when times are tough. They outperform in good times, and are resilient during economic downturns. In September 2011, the Group’s iconic Westfield Stratford City opened adjacent to the London 2012 Olympic Games in east London. As one of the group’s finest examples of innovative retail and sustainable design, it is Europe’s largest urban shopping centre with retail, commercial, entertainment and leisure space that serves a catchment area of more than four million people. In the first 14 weeks of opening the centre attracted more than 13.6 million visitors. It continues to be exciting times for the Group with an active pipeline of major projects including


1. Blacktown Station


Delicatessen 2. & 4. Westfield London 3. Westfield Sydney 5.& 6. World Trade Centre Westfield visualisations


1, 2


3


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64  |  Page 65  |  Page 66  |  Page 67  |  Page 68  |  Page 69  |  Page 70  |  Page 71  |  Page 72  |  Page 73  |  Page 74  |  Page 75  |  Page 76  |  Page 77  |  Page 78  |  Page 79  |  Page 80  |  Page 81  |  Page 82  |  Page 83  |  Page 84  |  Page 85  |  Page 86  |  Page 87  |  Page 88  |  Page 89  |  Page 90  |  Page 91  |  Page 92  |  Page 93  |  Page 94  |  Page 95  |  Page 96  |  Page 97  |  Page 98  |  Page 99  |  Page 100  |  Page 101  |  Page 102  |  Page 103  |  Page 104  |  Page 105  |  Page 106  |  Page 107  |  Page 108  |  Page 109  |  Page 110  |  Page 111  |  Page 112  |  Page 113  |  Page 114  |  Page 115  |  Page 116  |  Page 117  |  Page 118  |  Page 119  |  Page 120  |  Page 121  |  Page 122  |  Page 123  |  Page 124  |  Page 125  |  Page 126  |  Page 127  |  Page 128  |  Page 129  |  Page 130  |  Page 131  |  Page 132  |  Page 133  |  Page 134  |  Page 135  |  Page 136  |  Page 137  |  Page 138  |  Page 139  |  Page 140  |  Page 141  |  Page 142