AVTC's powerful strategic partner

For AVTC Westfield is a powerful partner, according to IPOdesktop
. Westfield’s brand recognition exceeds 90% across the portfolio.. Westfield’s U.S. shopping centers have powerful positions. The geographic, retail and economic diversity of Westfield’s portfolio provides strong and consistent income streams. The centers are located in prime trade areas and have long-term tenancies with major retailers.
500 million visits each year
Westfield shopping centers incorporate a wide cross section of high-quality specialty shops and national chain stores. Together, they attract nearly 500 million visits each year.
63 mm square feet in 13 states
. The U.S. portfolio encompasses approximately 63 million square feet of retail space in 13 states, which it leases to more than 9,000 specialty retailers.. Westfield has distinctive multi-center clusters of branded regional and super-regional malls in key markets such as northern California, Chicago, southern Florida, Los Angeles, New Jersey, New York, San Diego and suburban Washington, D.C.
Westfield in the U.S.
. Westfield first entered the U.S. in 1977 when it purchased a single shopping center on the east coast. Since then, the company has expanded its U.S. presence through a series of strategic transactions including single-center and portfolio acquisitions and center redevelopments.. Westfield focuses on growth and value creation by reinvesting in and redeveloping its existing portfolio. It also acquires well-located properties that offer tactical market synergies and show strong potential for increased performance through redevelopment and expansion.
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