SCentre

Westfield Customers Return from Hibernation

Scentre Group Chief Executive Officer Elliott Rusanow said: β€œOur strategy to attract more people to our destinations delivered strong operating performance in the early part of 2023.

Read More »

SCentre Exceeds Guidance As Shoppers Returned To Malls

Scentre Group released its results for the 12 months to 31 December 2022 with Funds From Operations (FFO) of $1,040 million (20.06 cents per security), up 20.6%, and Distribution of 15.75 cents per security, up 10.5%, both exceeding guidance.

Read More »

SCentre Expects 5.2% Growth in 2023

Scentre Group today released its results for the six months to 30 June 2022 with Operating Profit of $540.5 million (10.4 cents per security) up 17.5% compared to the prior corresponding period and Funds From Operations (FFO) of $548.6 million (10.6 cents per security), up 18.3%.

Read More »

AMP Capital Quits Warringah Mall After 27yrs

Dexus today announced that Dexus Wholesale Property Fund has exchanged contracts to acquire an additional 25% interest in Westfield Warringah Mall, ending AMP Capital's 27 year involvement in the Centre.

Read More »

SCentre’s Rent Collections Recovering

Scentre Group today announced the Group has collected $1.8 billion in gross rent, for the 10-month period to 31 October 2021, an increase of $607 million since 30 June 2021, but well short of the near $2.4bn of potential rent.

Read More »

Westfield Knox accelerates redevelopment plans

Westfield Knox is putting the community at the heart of its redevelopment plans, as it outlines its vision to create an elevated retail and lifestyle destination curated specifically for its customers across Melbourne’s East.

Read More »

SCentre Remuneration Report Voted Down

A majority of SCentre unitholders have voted against the adoption of the Remuneration Report for SCentre, constituting a first strike against the Board for mis-management of the issue.

Read More »

Scentre Group releases 2020 Responsible Business Report

Scentre Group released its 2020 Responsible Business Report today highlighting progress against the four pillars of its Sustainable Business Framework – community, people, environment and economic performance.

Read More »