Scentre Group Chief Executive Officer Elliott Rusanow said: βOur strategy to attract more people to our destinations delivered strong operating performance in the early part of 2023.
Read More »SCentre
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 Welcomes back Customers and Sales in lead up to Christmas
Scentre Group provided an update on its 3rd quarter results showing strong growth in customer traffic and retail sales as COVID impacts dissipate.
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 »SCentre Welcomes back Visitors and Sales Growth
Scentre Group has announced improved sales growth and customer visitations for the March Quarter , helping to maintain occupancy and rental growth.
Read More »SCentre’s Higher Earnings despite Tougher conditions
Scentre Group released its results for the 12 months to 31 December 2021 with earnings up 12.7%, and operating profit up 10.9%.
Read More »Scentre Group recognised with βAβ score for leadership in sustainability
Scentre Group has been recognised for leadership in corporate sustainability by CDP, securing a place on its βA Listβ
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 extends centre experience with launch of Westfield Direct
Following a successful pilot in 2020, Westfield has now extended Westfield Direct to all Centres.
Read More »SCentre Expecting Retail Bounce
Scentre Group today released its results for the six months to 30 June 2021 and along with it much needed optimism for the sector.
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 Melbourneβs East.
Read More »SCentre’s Distribution Forecasts still Bleak
SCentre Group provided a brief but very important update to the market on their 1st Quarter results ending March 2021.
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 β community, people, environment and economic performance.
Read More »