About Business
Westfield Group was an Australian shopping center company founded in 1960 and ran up to 2014. The company?s founders are John Saunders and Frank Lowy. It split into two separate companies: Scentre Group, which manages shopping centers in Australia and New Zealand, and Westfield Corporation, which operates in the United States and Europe. The company handled many tasks, including owning, developing, and managing shopping centers. Westfield Group was listed on the Australian Securities Exchange and had a large shopping center portfolio with 103 locations in various countries, including Australia, the U.S., and Europe. It included around 23,000 retail stores and managed assets worth over A$63 billion.
