Morningstar Investor users sign in here.

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.

  • 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

    3,129

Scentre Group News & Analysis

stocks

Can AREIT yields still deliver?

With government bond yields now on par with commercial property capitalisation rates, can the riskier REIT sector still deliver for investors.
personal-finance

How to interpret common financial ratios

There is a veritable alphabet soup of financial ratios that many investors struggle to comprehend and interpret effectively. 
stocks

Is value emerging in retail REITs?

Retail faces headwinds but there may be opportunities in these unloved shares. 

Markets

Index
Last price
Change
% Change
All Ordinaries 7,865.30 5.30 0.07%
CAC 40 7,906.87 94.78 1.21%
DAX 40 17,365.76 247.64 1.45%
Dow JONES (US) 38,847.00 234.76 0.61%
FTSE 100 7,687.26 24.75 0.32%
HKSE 16,742.95 239.85 1.45%
NASDAQ 15,926.07 345.20 2.22%
Nikkei 225 39,098.68 836.52 2.19%
NZX 50 Index 11,690.25 99.78 0.86%
S&P 500 5,058.05 76.25 1.53%
S&P/ASX 200 7,611.20 2.80 0.04%
SSE Composite Index 2,988.36 37.40 1.27%

Market Movers

Name
Last price
Change
% Change
Sayona Mining Ltd SYA 0.05 0.02 -28.13%
88 Energy Ltd 88E 0.01 0.00 20.00%
BrainChip Holdings Ltd BRN 0.43 0.09 26.47%
Tabcorp Holdings Ltd TAH 0.65 0.08 -10.34%
Strike Energy Ltd STX 0.23 0.02 -6.25%
Origin Energy Ltd ORG 9.12 0.26 2.93%
South32 Ltd S32 2.86 0.01 0.35%
Telstra Group Ltd TLS 3.88 0.01 -0.26%
Paladin Energy Ltd PDN 1.17 0.03 -2.10%
The Star Entertainment Group Ltd SGR 0.45 0.02 -3.23%