Scentre Group
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-June 2024. 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
AUST: +61 293587000
E: investor@scentregroup.com
Sector
Real Estate
Stock type
Cyclical
Industry
REIT - Retail
Fiscal Year End
31 December 2024
Employees
2,964
Morningstar Investment Ideas
Stocks
ETFs
- Australian ETFs
- Active Australian Equity ETFs
- Passive Australian Equity ETFs
- Emerging Market Equity ETFs
- Sustainable ETFs
- Active Global Equity ETFs
- Passive Global Equity ETFs
- Active Australian Fixed Interest ETFs
- Passive Australian Fixed Interest ETFs
- Active Australian Listed Property ETFs
- Passive Australian Listed Property ETFs
- Active Global Fixed Interest ETFs
- Passive Global Fixed Interest ETFs
- Active Global Infrastructure ETFs
- Passive Global Infrastructure ETFs
- Active Global Property ETFs
- Passive Global Property ETFs
Funds
- Active Australian Equity Funds
- Passive Australian Equity Funds
- Active Global Equity Funds
- Passive Global Equity Funds
- Sustainable Funds
- Emerging Market Equity Funds
- Passive Australian Listed Property Funds
- Active Australian Listed Property Funds
- Passive Global Infrastructure Funds
- Active Global Infrastructure Funds
- Active Global Property Funds
- Passive Global Property Funds
- Active Australian Fixed Interest Funds
- Passive Australian Fixed Interest Funds
- Active Global Fixed Interest Funds
- Passive Global Fixed Interest Funds
Markets
Index
|
Last price
|
Change
|
% Change
|
---|---|---|---|
All Ordinaries | 8,323.50 | 30.40 | 0.37% |
CAC 40 | 7,465.25 | 30.18 | 0.41% |
DAX 40 | 18,699.40 | 181.01 | 0.98% |
Dow JONES (US) | 41,393.78 | 297.01 | 0.72% |
FTSE 100 | 8,273.09 | 32.12 | 0.39% |
HKSE | 17,369.09 | 128.70 | 0.75% |
NASDAQ | 17,683.98 | 114.30 | 0.65% |
Nikkei 225 | 36,581.76 | 251.51 | -0.68% |
NZX 50 Index | 12,832.55 | 12.27 | 0.10% |
S&P 500 | 5,626.02 | 30.26 | 0.54% |
S&P/ASX 200 | 8,099.90 | 24.20 | 0.30% |
SSE Composite Index | 2,704.09 | 13.03 | -0.48% |
Market Movers
Name
|
Last price
|
Change
|
% Change
|
---|---|---|---|
Red 5 Ltd RED | 0.33 | 0.03 | 8.20% |
Latin Resources Ltd LRS | 0.20 | 0.01 | 2.56% |
Pilbara Minerals Ltd PLS | 2.90 | 0.02 | 0.69% |
Bowen Coking Coal Ltd BCB | 0.01 | 0.00 | 0.00% |
Telstra Group Ltd TLS | 3.96 | 0.00 | 0.00% |
Appen Ltd APX | 1.55 | 0.05 | 3.33% |
Imugene Ltd IMU | 0.05 | 0.00 | 0.00% |
South32 Ltd S32 | 3.19 | 0.11 | 3.57% |
Fortescue Ltd FMG | 17.50 | 0.84 | 5.04% |
Resolute Mining Ltd RSG | 0.74 | 0.04 | 5.76% |