Westfield London has launched the first phase opening of its £600 mln (€687 mln) expansion, six months ahead of schedule, which will include major new store openings from John Lewis, Adidas, H&M, West Elm, Currys PC World, Boots, Space NK, Mango and The White Company.
The 740,000 ft2 (68,750 m2) extension will allow more than 90 new shops, cafes, restaurants and leisure outlets to open throughout 2018, taking Westfield London to 2.6 million ft2 (240,000 m2), making it the largest shopping centre in Europe.
Peter Miller, COO of Westfield Europe, said that following the successful opening in 2008, Westfield has been masterplanning this expansion to connect with and stimulate the broader White City regeneration.
'The further investment ahead of the centre’s 10th anniversary year, is testimony to the strength of Westfield London, which experiences high retail demand for space from luxury and high street brands looking to house their flagship stores, along with first-to-market dining and leisure concepts.
Luxury precinct
'Westfield London has introduced a number of UK centre firsts including the first luxury precinct, new hotel concierge services, an expanded dining offer as well as hosting major international events and film premieres. It is now time to build on that success with the opening of the expansion.'
Westfield London is a 50:50 joint venture between Westfield and German Commerz Real, a subsidiary of Commerzbank AG.
'Since its opening in 2008, Westfield London has displayed an outstanding performance, and now we are writing a further chapter in this success story together with Westfield,' said Roland Holschuh, the board member at Commerz Real AG responsible for real estate asset management.
'The extensive further development of the centre takes into account the high level of demand from current and future retailers. Great Britain, and in particular London, remains an important European market for us.'
