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"Steven Lowy, co-chief executive of Westfield, said:
“We believe in London for the long term.”
"New developments include extending Westfield's west London site, which opened in 2008, with housing and a John Lewis department store.
"Its Bradford project was mothballed during the peak of the financial crisis, and Westfield has been heavily criticised for damaging the economy of the Yorkshire city by delaying the scheme.
"In Croydon, Westfield is planning a 1.5m sq ft redevelopment of the Whitgift shopping centre. However, it faces a battle with [Brent Cross] property company Hammerson, to win control of the site."
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