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Company Profile

  • Business description

    Scentre Group owns the largest portfolio of premium Australian and New Zealand shopping malls, owning seven of the top 10 Australian and four of the top five New Zealand malls. About half its rent comes from anchor tenants and half from specialty tenants at end-December 2023. While about one third of floor space is allocated to department stores at that date, 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. Almost every Scentre mall is anchored by at least one supermarket but these tenants accounts for less than 10% of gross lettable area due to the large size of Scentre’s assets.

  • 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 2024

    Employees

    2,964

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