Tag Archives: SCG

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%.

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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.

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Scentre Group Rent Collections Recover

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.

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SCentre Executive Pay Cut not Enough

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.

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