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Company Profile

  • Business description

    Scentre Group owns the largest portfolio of premium Australian and New Zealand shopping malls, owning most of the top 10 Australian and top five New Zealand malls. About half its rent comes from anchor tenants and half from specialty tenants. About a third of floor space is currently allocated to department stores, however we expect tenants to return a reasonable portion of that space over the next decade, or alternatively, department store rent to be renegotiated to lower levels. While almost every Scentre mall is anchored by at least one supermarket, these tenants accounts for less than 10% of gross lettable area, due to the large size of Scentre’s assets.Scentre Group is engaged in ownership, development, design and construction of real estate properties. It owns the largest portfolio of premium Australian and New Zealand shopping malls.

  • Contact

    85 Castlereagh Street
    Level 30
    Sydney NSW 2000
    AUS

    T: +61 293587000

    E: investor@scentregroup.com

    https://www.scentregroup.com

  • Sector

    Real Estate

    Stock type

    Cyclical

  • Industry

    REIT - Retail

    Fiscal Year End

    31 December 2023

    Employees

    3,129

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Markets

Index
Last price
Change
% Change
All Ordinaries 7,245.80 22.70 0.31%
CAC 40 7,281.78 31.65 0.44%
DAX 40 16,127.72 135.05 0.84%
Dow JONES (US) 35,416.98 83.51 0.24%
FTSE 100 7,433.72 21.52 -0.29%
HKSE 16,993.44 360.70 -2.08%
NASDAQ 14,281.76 40.73 0.29%
Nikkei 225 33,321.22 87.17 -0.26%
NZX 50 Index 11,235.94 1.44 -0.01%
S&P 500 4,554.89 4.46 0.10%
S&P/ASX 200 7,035.30 20.10 0.29%
SSE Composite Index 3,021.69 16.87 -0.56%

Market Movers

Name
Last price
Change
% Change
Pilbara Minerals Ltd PLS 3.56 0.02 -0.56%
Telstra Group Ltd TLS 3.78 0.00 0.00%
South32 Ltd S32 3.06 0.04 -1.29%
Cettire Ltd CTT 3.45 0.07 2.07%
Scentre Group SCG 2.63 0.06 2.33%
Ventia Services Group Ltd VNT 2.91 0.02 0.69%
Stockland Corp Ltd SGP 4.07 0.05 1.24%
Santos Ltd STO 6.94 0.06 -0.86%
Aurizon Holdings Ltd AZJ 3.55 0.06 -1.66%
Evolution Mining Ltd EVN 4.07 0.21 5.44%