Westfield London, the UK shoppping centre jointly owned by German fund manager Commerz Real through its Hausinvest vehicle and developer and operator Unibail-Rodamco-Westfield, has added 26 new tenants in the current year.
50% owner Commerz Real has reported that the new tenants come from the health, fashion, jewellery, leisure time and gastronomy sectors, and in total have taken up around 4,650 m2 of retail space. A further six existing tenants, among them Nike, Apple and Gucci, have announced plans to expand their stores.
In addition, London entertainment company Ministry of Sound has unveiled plans to open The Ministry in 2024, a 10,700 m2 facility offering co-working, fitness and event spaces for about 1,200 people.
Hausinvest fund manager, Mario Schüttauf, said: 'The diversification of the tenant base across widely differing sectors ideally suits our strategy for the further development of Westfield London into a quarter that is both an urban event location and a marketplace.
'Alongside shopping, services and gastronomy, a major role will be played by entertainment, leisure-time, health and wellness offerings.
'Similarly to our other centres, we are dovetailing differing areas of life – that have been separate to date – at one location where people can come together and enjoy time together.'
Westfield London, regarded as the largest shopping centre in Europe with 250,000 m2 and nearly 300 stores, is located in the Shepherd’s Bush district in the Hammersmith & Fulham borough.
In the framework of an urban development project for the so-called White City Opportunity Area, some 6,000 apartments, new educational facilities and the Soho Hotel have already been built or are under construction.
