Company: Unibail-Rodamco-Westfield, Scentre Group
Brand value: US$2,106 million
Change since 2018: 0%
Headquarter city: Los Angeles CA, USA & Sydney, Australia
Year formed: 1960
Westfield is a shopping centre developer and manager that has grown into a global leader in the sector. It has 36 properties in Australia attracting more than 411 million customer visits a year. Since 2014, the company has run its Australia and New Zealand business as Scentre Group, although properties still use the Westfield brand, while international operations are run by Unibail-Rodamco-Westfield. As shopping habits evolve, Westfield is redefining what a shopping centre should be, focusing on the integration of fashion, food, leisure and entertainment experiences, and striving to curate a retail environment that resonates with the community it serves. Its “Destination 2028” vision describes a future of shopping malls featuring sensory gardens, waterways and flying drones. One step towards that vision came with the opening in 2018 of Westfield Coomera, on the Gold Coast. Described by Westfield as the “Living Centre of the Future”, it features a two-level dining and entertainment precinct, and over 40 percent of total space is dedicated to dining, leisure and entertainment.