Tag Archives: SCP

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

SCA Property Group released their results for FY22 taking net profit after tax to $487.1 million and Adjusted Funds from Operations per unit to 15.30 cpu, up 21% on FY21.

Knight Frank and SCA Property Group (ASX: SCP) have entered into a strategic three-year partnership to deliver property services, facilities management and financial accounting across SCA Property Group’s entire shopping centre portfolio.

SCA Property Group has reported increases in its property valuations of $34.5m or +0.7% as at June 2022.

SCA Property Group (ASX: SCP) (“SCP” or “the Group”) is pleased to announce its results for the half year ended 31 December 2021

Consolidated Properties have confirmed the sale of Coles Moggil Village to SCA Property Group for $54.5m.

SCA Property Group has established a $750m Joint Venture with GIC to invest in established metropolitan convenience retail centres across Australia selling 7 assets worth $284.5m into the Fund.

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.

SCA Property Group has confirmed its acquisition of the Delacombe Town Centre in country Victoria for $112.4m

SCA Property Group are hoping for a strong return to its retail centres as restrictions ease in NSW and VIC.

A push back to shopping local has helped SCA Property Group show a 13% increase in earnings and a total securityholder return of 20%.

Fresh from entering a deal to secure Marketplace Raymond Terrace for $87.5m, SCA Property Group have returned to the Newcastle region to secure Marketown Newcastle in a separate deal worth $150.5m.

The value of SCA Property Group's investment properties rose by $446.2m over the past 6 months, with the like for like increase at 9.5%.

SCA Property Group has emerged as the buyer of ISPTs Mount Isa Village Mall, paying $44.2m for the regional centre.

Brisbane headquartered private equity and syndication firm Altor Capital has sold the Cooloola Cove Shopping Centre for a price of $18.66 million to the listed SCA Property Group.