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Shopping Centres Australasia Property Group Provides FY 2021 Results Presentation

17 Aug 2021  |  08:18:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: SCA Property Group FY21 Results Presentation

Shopping Centres Australasia Property Group provided full year results presentation. It reported Net Profit After Tax of $462.9m, up by 441.4%. The FFO per unit is 14.76 cpu, up by 0.8%. The Portfolio weighted average cap rate is 5.90%. Wind-up of SURF1 and SURF 2 completed during FY 2021 achieving an IRR of 11% and 12% respectively for unitholders since the funds commenced in 2015 and 2017 respectively.

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