The Westfield Group

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The Westfield Group has interests in and operates one of the world’s largest shopping centre portfolios. The global portfolio has 124 high quality regional shopping centres in Australia, New Zealand, the US, the UK and Brazil valued in excess of $59 billion, with approximately 25,000 retailers in more than 10.5 million square metres of retail space.

Retail Expertise

Services provided:

  • Land assembly outside the existing shopping centre
  • Option negotiation
  • Compulsory purchase
  • Letting of buildings acquired on a short term basis

The Westfield Group and Innes England

Innes England has provided a strategic advisory role to Westfield for the last ten years, acquiring complicated land interests facilitating key shopping centre developments at Westfield Derby and Broadmarsh Nottingham.

Results

  • Acquisition of Bradshaw Way Retail Park for a sum in excess of £10m to secure access route into Westfield Derby
  • Negotiation with affected landowners and tenants outside the Broadmarsh Centre prior to the CPO generating no landowner or tenant objections to the inquiry, which was subsequently approved

'Land assembly and CPO advice'