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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.

  • 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

Scentre Group News & Analysis

funds

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Markets

Index
Last price
Change
% Change
All Ordinaries 7,906.60 69.20 0.88%
CAC 40 8,094.34 6.10 0.08%
DAX 40 18,154.18 6.83 -0.04%
Dow JONES (US) 38,239.66 153.86 0.40%
FTSE 100 8,183.35 43.52 0.53%
HKSE 17,746.91 95.76 0.54%
NASDAQ 15,927.90 316.14 2.03%
Nikkei 225 37,934.76 306.28 0.81%
NZX 50 Index 11,916.24 111.15 0.94%
S&P 500 5,099.96 51.54 1.02%
S&P/ASX 200 7,637.40 61.50 0.81%
SSE Composite Index 3,113.04 24.41 0.79%

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