Scentre Group
Company Profile
Business description
Scentre Group owns the largest premium shopping center portfolio in Australia and New Zealand, operating 42 Westfield malls. This includes seven of the top 10 malls in Australia by sales turnover and four of the top five in New Zealand. Westfield centers are typically one-stop shopping destinations, each with a comprehensive range of retail, service, lifestyle, and entertainment offerings. About half the retail floorspace is leased to anchor tenants, and half to specialty tenants. The vast majority of Scentre’s income is derived from rents. The group also earns small management fees for managing properties and development projects on behalf of capital partners.
Contact
85 Castlereagh Street
Level 30
SydneyNSW2000
AUST: +61 293587000
Sector
Real Estate
Stock type
Cyclical
Industry
REIT - Retail
Fiscal Year End
Employees
2,964
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