Tag Archives: SCG

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%.

Scentre Group released its results for the 12 months to 31 December 2021 with earnings up 12.7%, and operating profit up 10.9%.

Scentre Group today released its results for the six months to 30 June 2021 and along with it much needed optimism for the sector.

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.

SCentre have written back the value of its assets by $4.2bn as the impacts from COVID take a toll on the mall giant.

Cbus Property and Scentre Group have commenced construction on their $1 billion mixed-use development of the former David Jones department store

Scentre Group, owner of Westfield Centres, provide an update on its 1st Quarter activities revealing a more improved rent collection and retailer sales performance than in previous months.

SCentre's released their half year results revealing a $4.0bn write down in value and Funds from Operations down -45% per security.

SCentre Group have released preliminary results for the half year ended June 2020 revealing the devastating impacts of COVID

SCentre has cancelled its interim distribution and reduced 60% of the Design and Construction workforce as it grapples with a loss of customers & earnings.

SCentre group has announced that its Board and Senior Leadership team will take a pay cut as it deals with the impacts of the COVID-19, but the cuts to investors dividends and to tenants sale will be far worse.

SCentre confirmed that it will work with the empathy the community expects when implementing the new leasing Code of Conduct with its retailers.

As rents receipts fade, SCentre has moved quickly to bolster its liquidity position locking in new 2 year debt facilities

Shopping centres are ‘essential activities’ and will remain open for normal trade