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Westfield Corporation was an Australian commercial real estate company and operator of shopping centres.It was founded with the spin-off of the Westfield Group in 2014, where assets in Australia and New Zealand formed the Scentre Group, and assets in the United Kingdom and United States formed the Westfield Corporation.
Westfield is a brand name for retail shopping centres originated by the Australian Westfield Group in 1960, and now shared between Scentre Group (for Westfield centres in Australia and New Zealand) [1] and Unibail-Rodamco-Westfield (for Westfield centres in the European Union, the United Kingdom and the United States). [2] [3]
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On April 26, 2001 the Port Authority of New York & New Jersey agreed to lease the mall to the Westfield Group on a 99 year agreement. [3] [4] On July 24, 2001 the deal was accepted. [5] After the purchase, Westfield was planning a massive renovation and expansion of the mall, and was going to rename it Westfield Shoppingtown World Trade Center ...
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.