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Westfield owner’s next big play is apartment towers

Westfield operator Scentre wants to supercharge the country’s biggest shopping centre portfolio with a plan to build thousands of high-rise apartments around its malls.

Chief executive Elliott Rusanow said he was prioritising obtaining as many rezoning approvals as possible to allow for high-rise towers to built alongside its shopping centres.

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Campbell Kwan covers commercial and residential real estate for The Australian Financial Review, based in the Sydney newsroom. He was previously the breaking news reporter. Email Campbell at campbell.kwan@afr.com

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    Original URL: https://www.afr.com/property/commercial/westfield-owner-s-next-big-play-is-residential-towers-20250218-p5ld0q