Countries: United Kingdom
Westfield today announces that it has signed River Island for its £320 million Westfield Bradford development.
River Island becomes the latest retailer to sign as further details of the development were unveiled at a recent leasing launch attended by some of the UK’s leading retailers and agents.
Michael Gutman, Managing Director Westfield UK & Europe said: “Bradford has an excellent future and that’s why we’re building a modern, state of the art shopping centre at the heart of the city. Bradford has been underserved by high quality retail for years and our development will make Bradford a retail destination of choice once again. We are very encouraged by the level of retail interest which remains strong and Westfield Bradford will be something the city can be proud.”
Westfield Bradford has a catchment of more than 700,000 people with a potential future spend of more than £1 billion per annum. It is recognised that Westfield Bradford will provide a major trigger in kick-starting £2 billion inward investment anticipated in Bradford.
With more than 100 shops, 40,000 sq ft office space and residential apartments, the mixed-use scheme will create several thousand jobs on opening and provide much needed quality retail accommodation within the city centre.
ENDS
NOTES TO EDITOR
Media Contact: laura.passam@westfield-uk.com 020 7061 1861
Westfield Bradford
Westfield Group
The Westfield Group (ASX Code: WDC) is an internally managed, vertically integrated, shopping centre group, undertaking ownershiups, development, design, construction, funds/asset management, property management, leasing and marketing activities and employing in excess of 5,000 staff worldwide. It has investment interests in 118 shopping centres across Australia, the United States, the United Kingdom and New Zealand, encompassing almost 23,000 retail outlets. With a total value of assets under management of approximately A$63 billion, the Westfield Group is the largest retail property group in the world by equity market capitalisation.
Westfield UK
In the UK, Westfield has seven operating centres in Tunbridge Wells, Nottingham, Guildford, Belfast, Lisburn, Merry Hill and Westfield Derby - a £340m development which opened on 9th October last year.
Westfield has three major urban regeneration projects; Westfield Bradford, the £1.6bn landmark Westfield London which on completion this autumn will be the largest shopping centre in Greater London, and Westfield Stratford City, adjacent to the site of the 2012 London Olympic and Paralympic Games.
Issued by WESTFIELD
CONTACT:
UK: Laura Passam, Westfield T: +44 20 7061 1861
Email: laura.passam@westfield-uk.com