Westfield Penrith

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Westfield Penrith is a shopping complex located in the Penrith, New South Wales central business district. Until 2005 it was known as the Penrith Plaza. Originally built in the 1970's, it underwent extensive redevelopment throughout the 1990's. It has been owned to some level by the GPT Group since June 1971.

In 2005, The Westfield Group requested clearance from the Australian Competition and Consumer Commission to purchase a 50% stake in Penrith Plaza from the GPT Group. The ACCC did not oppose this purchase. [1] Westfield purchased the half share in the porperty and the centres' name became Westfield Penrith.

The centre is located adjacent to Penrith railway station interchange (incorporating a major regional bus terminal), and has approximately 3500 car park spaces. The complex inlcudes the following outlets:

  • Myer department store
  • Target discount department store
  • Big W discount department store
  • Woolworths supermarket
  • Franklins supermarket
  • Hoyts cinema complex
  • Several food courts

In total there are over 300 retail tenants. The three department stores lease over 35,000 sqm of a total of 89,700 sqm lettable area.[2].

[edit] Further reading

[edit] External links

[edit] References

  1. ^ Public Competition Assessment 8 July 2005 - The Westfield Group proposed acquisition of 50 per cent of Woden and Penrith Plazas and 25 per cent of Sunshine Plaza from General Property Trust (pdf). ACCC (8 July 2005). Retrieved on 2007-03-23.
  2. ^ Westfield Penrith, GPT Group, 30 June 2006. Retrieved 5 February 2007


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