Westfield eyes Canada, Europe

Thoughts

Westfield

Well there you go, now I can go Westfield shopping in Europe and Canada haha :).

Australian shopping centre owner Westfield Group says it wants to acquire malls in Canada and western Europe.

The world’s largest listed shopping centre owner plans to continuing buying centres in its existing markets but would also like to expand into new markets.

“We have a watching brief over western Europe in particular,” Westfield group chief financial officer Peter Allen told the Merrill Lynch Australia investment conference in New York.

“Canada is a market we’d certainly love to get involved in, and there’s some smaller markets in Asia.”

Westfield’s property portfolio comprises 120 shopping centres in Australia, the United States, United Kingdom and New Zealand, worth $56.8 billion.

Adelaide Advertiser: Westfield eyes Canada, Europe

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