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
  SydneyNSW2000
  AUS

  T: +61 293587000

  E: [email protected]

  https://www.scentregroup.com

• Sector

  Real Estate

  Stock type

  Cyclical

• Industry

  REIT - Retail

  Fiscal Year End

  31 December 2024

  Employees

  2,964