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343:. Scentre Group was created to own and manage the company's interests in Australia and New Zealand. Westfield Corporation owns and manages Westfield shopping centres in the United States, United Kingdom, and Europe. Although Westfield Group has evolved into two separate companies, the consumer branding remained the same for Scentre Group's shopping centre portfolio.
580:
313:
in 1986. In 1994, Westfield joined together with
General Growth and Whitehall Real Estate to purchase 19 centres for US$ 1 billion. The company built considerable holdings on the east coast and in California before expanding in the Mid-West. By 2005, the company owned centres in 15 US states.
1125:
335:
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 completed by
November 2013.
421:
Westfield entered the New
Zealand market in 1997 and acquired an interest in the St. Lukes Group portfolio in 1998. Westfield malls are by far the most numerous chain in New Zealand, with most of its centres located in
230:
is a shopping centre company with retail destinations operating under the
Westfield brand in Australia and New Zealand. The corporation undertakes ownership, development, design, construction, funds/asset management,
1164:
1094:
376:, killing 5 female patrons and a male centre security guard. The incident sent the centre into lockdown and shoppers to take cover in stores. A lone police officer arrived and fatally shot the perpetrator.
2099:
413:
Having been established in
Australia, with its original premises being at Blacktown, the Scentre Group continues to operate a large number of shopping centres in Australia under the Westfield brand.
317:
In the 1990s, Westfield began a major expansion to New
Zealand, where it mostly bought existing shopping centres of the Fletchers Company, and progressively rebranded them. Only in 2007, with
758:
247:
and had a shopping centre portfolio that includes investment interests in 42 shopping centres across
Australia and New Zealand in 2019, encompassing around 12,544 retail outlets and total
728:
282:
The company was floated on the
Australian Stock Exchange in 1960 and built another five centres in New South Wales before expanding into Victoria and Queensland in 1966–67.
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1032:
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383:(FFO) of $ 1,094.2 million and profit of $ 174.9 million. The group's portfolio is valued at $ 34.3bn and partner sales totalled a record $ 28.4bn (up 6.4% on 2022).
855:
1979:
1730:
1721:
900:
1126:"Bondi Junction stabbing live updates: NSW Police identify Joel Cauchi as attacker; John Singleton's daughter among multiple dead in Sydney's eastern suburbs"
339:
In June 2014, Westfield Group, one of the world's largest shopping centre companies, restructured to create two, new independent companies: Scentre Group and
353:
Footfall at the group's shopping centres rose 9.8% to 314 million in 2023 in the first half of the year after adding new entertainment in collaboration with
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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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separated its
American and European businesses from its operations in Australia and New Zealand. The company is
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1033:"Starwood Capital Group Completes $ 1.6B Acquisition of Seven Dominant Regional Malls from Westfield Group"
988:
2004:
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456:. The properties are Albany, Manukau, Newmarket and St Lukes in Auckland, and Riccarton in Christchurch.
1861:
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The
Internationalisation Strategies of Small-Country Firms: The Australian Experience of Globalisation
1879:
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1807:
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1673:
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972:
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 Westfield Group would sell seven 'non-core' property assets to
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235:, leasing, and marketing activities for its centres. The group was created in June 2014 when the
127:
430:. As of February 2017, Westfield had NZ$ 2.5 billion in assets under management in New Zealand.
1930:
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location, and "field" due to having located on subdivided farmland. John Saunders and
2088:
1573:
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1410:
1400:
478:, Auckland, to the family-owned Australian business Angaet Group for A$ 147 million.
82:
58:
405:
in Australia and New Zealand − with over 3.8 million square metres of retail space.
1538:
114:(as a spin off from Westfield Development Corporation founded 1960), listed on the
1007:"Centro Watt Enters Mall Business; US Platform Well-Positioned to Continue Growth"
39:
441:, now known as Shore City Shopping Centre. Later that same year the company sold
1653:
1583:
1503:
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1406:
1054:
905:
831:"SCENTRE GROUP FORECASTS FFO GROWTH OF 3.5% TO 22.5 CENTS PER SECURITY FOR 2015"
306:
290:
267:. The first development was named "Westfield Place", and opened in July 1959 in
155:
901:"Shoppers met with buckets and rags at the new $ 790m Westfield Newmarket mall"
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68:
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stepped down as the chairman of Scentre Group following 55 years in charge.
151:
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807:
452:
In 2014, Scentre sold 49% of five properties to the Singapore Government's
361:. Centres are 99% occupied, with 1,576 new leases signed in the half year.
1220:
873:"SCENTRE GROUP (ASX: SCG) – IMPLEMENTATION OF WESTFIELD GROUP RESTRUCTURE"
1458:
1438:
768:
423:
298:
1668:
1648:
1643:
1633:
1623:
1311:"Westfield malls in Lower Hutt and Hamilton to be rebranded after sale"
812:
17:
1165:"Scentre Group reports 5.2% growth in full year funds from operations"
1095:"Westfield bets on Disney and Barbie pay off as visitor numbers climb"
1588:
1553:
433:
In mid-2012, Westfield sold its 50% share of Westfield Shore City in
369:
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1508:
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The expansion into the United States began with the purchase of
1961:
1703:
1372:
1351:
470:
In February 2017, it was announced that Scentre Group had sold
459:
In 2015, two more Westfield centres sold by Scentre Group were
1473:
1124:
Josefine Ganko, Sarah McPhee, Daniella White (14 April 2024).
211:
397:
Scentre Group currently has interests in total assets worth
301:, and Connecticut in 1980 and three centres in California,
271:. The name Westfield is derived from "west" related to the
321:, did the company open a fully new centre in the country.
1285:"Singapore fund buys into NZ Westfield shopping centres"
1245:. National Business Review - nbr.co.nz. 11 December 2012
2100:
Companies listed on the Australian Securities Exchange
1283:Kloten, Niko; Harris, Catherine (7 November 2014).
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145:
122:
98:
88:
74:
56:
46:
989:"Countdown under way for Albany supermall rollout"
1077:"Frank Lowy steps down as Scentre Group chairman"
976:. Cheltenham, UK: Edward Elgar. pp. 308–318.
426:, including their largest development located in
364:On the afternoon of 13 April 2024, a man entered
2033:Former Westfield shopping centres (partial list)
932:"Westfield History: Westfield Stirs (1956–1960)"
836:(Press release). Scentre Group. 24 February 2015
808:"SCG.AX - Scentre Group Profile | Reuters"
293:in 1977, and was followed by three centres in
1973:
1715:
1384:
8:
1196:"Westfield sells Auckland's Shore City mall"
1149:: CS1 maint: multiple names: authors list (
967:
965:
963:
878:(Press release). Scentre Group. 30 June 2014
32:
1364:Westfield eCommerce platform developer site
926:
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1980:
1966:
1958:
1722:
1708:
1700:
1391:
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1356:
856:Scentre Group 2023 Annual Financial Report
31:
2130:Real estate companies established in 2014
1989:Westfield shopping centres in New Zealand
1325:"Auckland mall WestCity sold for A$ 147m"
895:
893:
802:
800:
27:Australian real estate investment company
2125:Australian companies established in 2014
1731:Westfield shopping centres in Australia
796:
485:
1309:Hamish Rutherford (27 November 2015).
1142:
445:and Westfield Pakuranga, now known as
251:in excess of A$ 39.4 billion in 2015.
7:
1264:Hutching, Chris (11 December 2013).
463:(formerly Westfield Chartwell) and
2110:Real estate companies of Australia
25:
1035:(Press release). 22 November 2013
467:(formerly Westfield Queensgate).
259:Scentre Group has origins in the
2115:Shopping center management firms
1405:
1101:. 22 August 2023. Archived from
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757:
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727:
712:
697:
682:
667:
652:
638:
623:
608:
593:
578:
563:
548:
533:
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503:
488:
393:List of Scentre Group properties
379:The company's figures for 2023:
38:
2105:Companies in the S&P ASX 50
987:Gibson, Anne (23 August 2007).
1524:Fisher & Paykel Healthcare
771:. Viewed from Lathlain Street.
245:Australian Securities Exchange
1:
1327:. NZ Herald. 21 February 2017
1266:"Another Westfield Mall Sold"
1243:"Another Westfield mall sold"
1194:Gibson, Anne (29 June 2012).
941:. p. 14. Archived from
861:(Report). 21 February 2024.
104:; 10 years ago
2151:
2058:Queensgate Shopping Centre
1221:"Scentre Group Properties"
465:Queensgate Shopping Centre
390:
374:stabbed at least 18 people
83:Shopping centre management
2095:Companies based in Sydney
2071:
2038:Chartwell Shopping Centre
2028:
1995:
1944:
1737:
1434:
1427:
1130:The Sydney Morning Herald
1099:The Sidney Morning Gerald
784:Westfield Hornsby, Sydney
461:Chartwell Shopping Centre
37:
2043:Downtown Shopping Centre
660:Westfield Warringah Mall
526:Westfield Bondi Junction
401:38.6 billion, owning 42
366:Westfield Bondi Junction
1639:Sydney Airport Holdings
1569:Northern Star Resources
1564:National Australia Bank
1055:"Scentre Group History"
326:Centro Properties Group
249:assets under management
79:Real estate development
1853:(formerly Garden City)
1200:The New Zealand Herald
333:Starwood Capital Group
287:Trumbull Shopping Park
571:Westfield Eastgardens
341:Westfield Corporation
116:Sydney Stock Exchange
33:Scentre Group Limited
1549:Magellan Global Fund
1417: →
1169:Shoppinf Centre News
1011:www.businesswire.com
616:Westfield Parramatta
586:Westfield Hurstville
2120:Corporate spin-offs
1429:As of 28 April 2021
1404:←
1105:on 25 December 2023
948:on 10 November 2006
765:Westfield Belconnen
750:Westfield Newmarket
735:Westfield Southland
720:Westfield Doncaster
705:Westfield Chermside
690:Westfield Carindale
556:Westfield Chatswood
496:Westfield Belconnen
454:GIC Private Limited
279:opened the centre.
233:property management
198:Number of employees
192:40.9 billion (2015)
34:
2063:WestCity Waitakere
1594:Ramsay Health Care
1444:Aristocrat Leisure
1270:New Zealand Herald
1223:. 21 February 2017
1083:. 23 October 2015.
993:New Zealand Herald
472:Westfield WestCity
443:Westfield Downtown
387:Current operations
128:Castlereagh Street
2082:
2081:
1955:
1954:
1697:
1696:
1559:Mineral Resources
1499:Commonwealth Bank
1422:
1403:
909:. 15 October 2019
631:Westfield Penrith
601:Westfield Miranda
541:Westfield Burwood
359:Netball Australia
346:In October 2015,
222:
221:
173:Elliott Rusanow (
16:(Redirected from
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1982:
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1619:Sonic Healthcare
1454:Auckland Airport
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1352:Official website
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1175:on 13 March 2024
1171:. Archived from
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403:shopping centres
319:Westfield Albany
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35:
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2135:Westfield Group
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2075:Westfield Group
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2053:Pakuranga Plaza
2024:
1991:
1986:
1956:
1951:
1940:
1733:
1728:
1698:
1693:
1679:Woodside Energy
1674:WiseTech Global
1544:Macquarie Group
1514:Endeavour Group
1430:
1423:
1420:S&P/ASX 200
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261:western suburbs
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237:Westfield Group
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1313:. Stuff.co.nz.
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214:.scentregroup
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2005:Manukau City
1947:
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1803:Mount Druitt
1608:
1539:James Hardie
1329:. Retrieved
1319:
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1292:. Retrieved
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1103:the original
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202:2,964 (2024)
184:Total assets
123:Headquarters
47:Company type
29:
1862:North Lakes
1773:Eastgardens
1654:TPG Telecom
1584:Reece Group
1494:Coles Group
1331:21 February
1227:21 February
1057:. July 2024
906:Stuff.co.nz
737:, Melbourne
722:, Melbourne
677:, Newcastle
439:North Shore
417:New Zealand
307:Long Island
291:Connecticut
273:West-Sydney
156:New Zealand
147:Area served
89:Predecessor
2089:Categories
1880:West Lakes
1857:Helensvale
1851:Mt Gravatt
1808:Parramatta
1783:Hurstville
1684:Woolworths
1664:Wesfarmers
1659:Transurban
1249:7 November
1039:10 October
1017:7 February
913:15 October
882:10 October
791:References
752:, Auckland
707:, Brisbane
692:, Brisbane
513:, Canberra
498:, Canberra
391:See also:
348:Frank Lowy
303:New Jersey
295:California
277:Frank Lowy
163:Key people
2015:Riccarton
2010:Newmarket
1921:Booragoon
1913:Southland
1888:Doncaster
1841:Chermside
1836:Carindale
1793:Liverpool
1768:Chatswood
1745:Belconnen
1629:Stockland
1599:Rio Tinto
1579:REA Group
1519:Fortescue
1479:BlueScope
1415:Australia
1205:11 August
1145:cite news
952:5 January
476:Henderson
409:Australia
269:Blacktown
152:Australia
139:Australia
59:Traded as
2020:St Lukes
1926:Carousel
1823:Tuggerah
1489:Cochlear
1484:Brambles
1439:Afterpay
1294:29 March
1179:29 March
1135:14 April
1109:29 March
939:About us
769:Canberra
662:, Sydney
633:, Sydney
618:, Sydney
603:, Sydney
588:, Sydney
573:, Sydney
558:, Sydney
543:, Sydney
528:, Sydney
435:Takapuna
424:Auckland
311:New York
299:Michigan
75:Industry
1931:Innaloo
1903:Geelong
1846:Coomera
1813:Penrith
1798:Miranda
1778:Hornsby
1763:Burwood
1669:Westpac
1649:Telstra
1644:Tabcorp
1634:Suncorp
1624:South32
1529:Goodman
1081:AFR.com
1061:12 July
840:5 March
813:Reuters
482:Gallery
255:History
243:on the
228:Limited
207:Website
107: (
99:Founded
67::
18:Scentre
2000:Albany
1870:Marion
1818:Sydney
1788:Kotara
1604:Santos
1589:ResMed
1554:Mirvac
428:Albany
370:Sydney
355:Disney
265:Sydney
241:listed
133:Sydney
51:Public
1750:Woden
1509:Dexus
1449:Amcor
1289:Stuff
946:(PDF)
935:(PDF)
876:(PDF)
859:(PDF)
834:(PDF)
169:Chair
1898:Knox
1689:Xero
1614:Seek
1333:2017
1296:2016
1251:2018
1229:2017
1207:2013
1181:2024
1151:link
1137:2024
1111:2024
1063:2024
1041:2014
1019:2019
954:2007
915:2019
884:2014
842:2015
372:and
357:and
305:and
216:.com
109:2014
102:2014
1884:Vic
1832:Qld
1754:NSW
1741:ACT
1534:IAG
1504:CSL
1474:BHP
1469:ASX
1464:APA
1459:ANZ
474:in
399:A$
368:in
289:in
263:of
212:www
190:A$
175:CEO
126:85
69:SCG
65:ASX
2091::
1917:WA
1866:SA
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