Westfield to develop premium mall in Milan

Australian based Westfield Group announced the development of a 170.000 sqm premium mall in Milan, Italy. The investment is evaluated at 230 million euros and Westfield will partner with Italian Group Stilo.

The new Westfield Mall is due to be opened in 2014, one year before the inauguration of the World Expo which will take place in Milan in 2015. Westfield has been operating malls in Australia, New Zealand, US (New York) and the U.K., London Stratford being among the best known in Europe.