* Cost about 1.45 billion pounds to build, equating to a development yield of 7-7.5 percent. * Includes 300 shops, more than 70 places to eat, a 17-screen cinema, a casino and 617-room hotel. * Construction of the mall required 25,000 workers. * Will create 18,000 permanent jobs, including 10,000 retail-focussed jobs.
How much did it cost to build westfield shopping centre?
westfield london is a large shopping centre in white city, west london, England, developed by the Westfield Group at a cost of £1.6bn , on a brownfield site formerly the home of the 1908 Franco-British Exhibition. The site is bounded by the West Cross Route (A3220), the Westway (A40) and wood lane (A219).
How much did Westfield London cost?
Westfield London is a shopping centre in Shepherd’s Bush in the London Borough of Hammersmith and Fulham. The centre was developed by the Westfield Group at a cost of £1.6bn on a large brownfield site, formerly the location of the 1908 Franco-British Exhibition.
How much is westfield stratford worth?
Europe’s biggest mall owner buys Westfield for $25bn.
How much does Westfield Stratford make a year?
Unibail-Rodamco-Westfield, which owns the Westfield London and Westfield Stratford City shopping centres, reported a 30.4% year-on-year fall in proportionate turnover to €472.8m (£410.9m) for its shopping centre assets in the first quarter of 2021, ending 31 March.
Is Westfield White City or Stratford bigger?
The first Westfield, in the Shepherds Bush/White City area of west London, is now the largest shopping centre in Europe.
Who built Westfield?
The centre was opened by John Saunders and frank lowy The company was floated on the Australian Securities Exchange in 1960 and built another five centres in New South Wales before expanding into Victoria and Queensland in 1966–67. For the first half of 1971, Westfield reported earnings of $886,382.
Is Westfield Stratford the biggest in Europe?
With 250 shops plus 70 places to dine, Westfield Stratford City is the largest shopping mall in Europe and the new lifestyle destination for East London.
How much did it cost to build Bluewater?
At the planned opening date, 16 March 1999, Bluewater was inaugurated with 99% of the shops open for business. The total cost of construction was around GBP £400 million.
How many Westfields are there in London?
London boasts two Westfield shopping centres: one in west London, and one in Stratford, in the east of the city. Westfield London is located in Shepherd’s Bush in west London, close to the Shepherd’s Bush Overground station.
Is Westfield the biggest shopping centre in Europe?
A £600 million extension has made Westfield London the biggest shopping mall in all of Europe.
How much did Westfield Shepherds Bush cost?
Tenth anniversary. The original 43-acre Westfield site cost £1.7billion to build and consisted of 265 shops and 50 restaurants when it first opened on 30 October 2008. Ninety new shops will be added during the current Westfield expansion and 8,000 new permanent jobs are being created.
What is the biggest indoor shopping centre in UK?
Intu Metrocentre It is also currently the largest shopping mall in the United Kingdom. The mall is accessible by public transport, and it takes around 10 minutes by train from the Newcastle Central Station.
What was at Westfield London before?
Across Wood Lane the Westfield London ‘mega-mall’ opened in 2008 on a site formerly occupied by the White City railway depot The present Wood Lane station opened at the same time, primarily to serve the shopping centre.
Which is the largest mall in the world?
The Dubai Mall is the world’s largest destination for shopping, entertainment and leisure, located next to the world’s tallest building, the Burj Khalifa.
How many employees Westfield Stratford?
Mr Johnson said the project was “setting the pace for the transformation of east London”. He said: “It is one of the most important legacies of the 2012 Olympics. “It will create 18,000 jobs and, as a result of Westfield’s investment, have some of the most modern additions to London’s public transport infrastructure.”.
How many people visit Westfield a day?
Over 21 million people expected to visit each year, or 60,000 a day Westfield London is owned 50-50 by Westfield and Commerz Real Investments, an arm of Germany’s Commerzbank CBKG.DE.
What zone is Westfield Stratford in?
PARKING. Please note Westfield Stratford City is inside the newly expanded Ultra Low Emission Zone (ULEZ).
What shops are in the Stratford Centre?
Stores include: Apple Jacks Health Shop, Barclays Bank, Baseo, Blue Inc, Boots, Burger King, Card Factory, Car Phone Warehouse, CeX, Chopstix Noodle Bar, Clarks, Costa Coffee, Creams, Dewhurst Butchers, Discount Second Hand Jewellers, EE, Footlocker, Granier Bakery & Café, Greggs, H Samuel Jewellers, Halifax Bank,.
Who is buying Westfield?
Unibail-Rodamco bought Westfield Corp. for nearly $16 billion four years ago. Unibail-Rodamco-Westfield, as the Paris company is now known, intends to bet its future on Europe, where it is the largest owner of shopping centers.
How many Westfields are there?
Overview. Westfield owns and operates 35 shopping centres in the US, UK and Europe valued at $31 billion.
How many Westfields are in Australia?
Scentre Group owns and operates an extraordinary platform of 42 Westfield Living Centres with 37 located in Australia and five in New Zealand. Our centres are strategically located in close proximity to where the majority of the population lives.
Who is the CEO of Westfield?
Peter Lowy – CEO – Westfield | LinkedIn.
Is Westfield bigger than Bluewater?
The extension will give Bluewater more than 185,000 sq/m of retail space, making it only second biggest in the UK to the intu Metrocentre in Gateshead, Tyne and Wear. The added retail space will make the centre bigger than rival Westfield Stratford City , although it too is planning to expand.
What is the largest shop in London?
- Europe.
- London.
- London – Things to Do.
- Harrods.
Which Westfield is better Shepherds Bush or Stratford?
Shepher’d Bush is a bit more upmarket with a bit called the Village; Stratford (which might be a bit bigger now) has more High St chains and shops Other than that not a lot in it esp now Stratford is zone 2. If they’re really keen they can go to both.
What was the first Westfield?
In July 1959 John Saunders and Frank Lowy opened their first shopping centre – Westfield Plaza in Blacktown With 12 shops, 2 department stores and a supermarket, people flocked to see the plaza which newspapers of the day described as ‘the most modern American-type combined retail centre’.
Who is Monica Saunders?
Westfield heiress Monica Saunders-Weinberg has deepened her affinity for North Bondi real estate, adding yet another Hastings Parade property to her fast-growing local portfolio, making it almost $23 million worth of property purchased on the one street alone in the past 12 months.
Who built Westfield Shepherds Bush?
Westfield London is a large shopping centre in Shepherd’s Bush, London, England. The centre was developed by the Westfield Group , at a cost of £1.6bn, on a site bounded by the West Cross Route (A3220), the Westway (A40) and Wood Lane (A219), and opened on 30 October 2008.
How big is the Dubai Mall?
At 12 million sq ft , the mall’s total area is equivalent in size to 200 soccer pitches. With a total internal floor area of 5.9 million sq ft, The Dubai Mall has 3.77 million sq ft of gross leasable space and over 1,200 retail stores, two anchor department stores and more than 200 food and beverage outlets.