Westfield Group was an Australian shopping centre company that existed from 1960 to 2014, when it split into two independent companies: Scentre Group, which owns and operates the Australian and New Zealand Westfield shopping centre portfolio; and Westfield Corporation, which continued to own and operate the American and European center portfolio.
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The name Westfield Group is derived from "west" related to the West Sydney location, and "field" due to having located on subdivided farmland.
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In 1994 Westfield Group joined with General Growth and Whitehall Real Estate to purchase 19 centres for US$1 billion.
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Westfield Group seems to form clusters of centres on particular cities or within a small number of states.
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Only in 2007, with Westfield Group Albany, did the company open a fully new centre in the country.
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On 9 May 2006, Westfield announced the sale of eight United States shopping centres which it deemed to fit outside its strategic plan, to Centro Properties Group.
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On 18 February 2006, the Los Angeles Times reported that Westfield Group had agreed to acquire 15 stores from Federated Department Stores, all but three in southern California.
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On 9 May 2006, Westfield sold eight United States shopping centres to Centro Properties Group.
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Westfield Group malls became by far the most numerous chain in New Zealand, with six of its 12 centres in Auckland, including their largest development located in Albany.
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Westfield Group was the developer behind the troubled Broadway shopping development in Bradford after acquiring Stannifer in 2004.
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On 9 October 2007 Westfield Group opened the £340m extension and refurbishment of Derby's Eagle Centre, which saw the shopping centre rebranded Westfield Group Derby.
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Westfield Group were reviewing plans with the Whitgift Foundation to rebuild the Whitgift Centre in Croydon in South London.
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In 2004 the Commission found Westfield Group was abusing its market and commercial power in settling disputes with tenants, and forced Westfield Group to formally undertake to not engage in "Unconscionable conduct and intimidation" of tenants.
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