Westfield Group Stock

Westfield Group has no current stock price. It was delisted from the Australian Stock Exchange in June 2018 when Unibail-Rodamco completed its acquisition for approximately AUD $33.00 per security. Westfield shares (ASX: WFD) were converted into Unibail-Rodamco-Westfield stapled securities, which trade on Euronext Amsterdam and Euronext Paris.

Stock Price of Westfield Group

Westfield Group was acquired by Unibail-Rodamco in June 2018 and delisted from the ASX. No current stock price exists.

Historical ASX share price (AUD) — ticker WFD. Data covers 1977 listing through June 2018 delisting.

Westfield Group Stock Forecast

No standalone stock forecast applies to Westfield Group — it has been fully absorbed into Unibail-Rodamco-Westfield (URW) since June 2018. URW trades on Euronext Amsterdam (ticker: URW) and Euronext Paris. Investors seeking exposure to former Westfield shopping centres in the US, UK, and Europe should research URW directly, as Westfield's flagship assets remain part of its portfolio.

Westfield Group Valuation

Westfield Group no longer has an independent valuation. Historical ASX market cap (USD equiv.) for 2009–2018 is shown below.

Timeline of Westfield Group Funding

  • 1960
    Founder Capital
    Frank Lowy and John Saunders invest personal savings of approximately £75,000 to open Westfield Place in Blacktown, Sydney — Australia's first enclosed shopping centre.
  • 1977
    ASX Listing
    Westfield lists on the Australian Stock Exchange, raising public equity capital to accelerate national expansion and begin acquiring shopping centres in the US and New Zealand.
  • 1994
    Major US Acquisition
    Westfield acquires a portfolio of US malls from CenterMark for approximately $1 billion, establishing a major North American footprint funded through debt and equity.
  • 2004
    Corporate Restructure
    Westfield merges its three ASX-listed vehicles into a single unified Westfield Group trust, simplifying the corporate structure and improving capital market access.
  • 2018
    Acquisition by Unibail-Rodamco
    Unibail-Rodamco acquires Westfield Group for approximately AUD $32.7 billion, paying AUD $33.00 per security in a scrip and cash deal creating the world's largest retail property company.

Westfield Group Investors

Lowy Family
Peak Stake~9% (2017)
TypeFounder / Controlling Family
ExitReceived URW securities (2018)
CountryAustralia
BlackRock
Peak Stake~5.8% (2017)
Est. Position~$1.2B AUD
TypePassive / Index (converted 2018)
CountryUSA
Vanguard Group
Peak Stake~5.2% (2017)
Est. Position~$1.1B AUD
TypePassive / Index (converted 2018)
CountryUSA
State Street Global Advisors
Peak Stake~4.1% (2017)
Est. Position~$850M AUD
TypePassive / Index (converted 2018)
CountryUSA
AustralianSuper
Peak Stake~3.6% (2017)
TypeInstitutional / Superannuation
ExitConverted to URW (2018)
CountryAustralia