SCG has performed ok since COVID but it remains 25% below its average price in 2019 which makes sense as this real estate investment trust (REIT) has had to deal with the likes of rental disputes, shutdown centres etc. Obviously the picture looks better into 2022 as we are poised for a vaccination led reopening but the owner of Westfield centres had to...
Scentre Group owns and operates the preeminent portfolio of living centers in Australia and New Zealand. The Company’s geographic segment consists of Australia and New Zealand. The Company owns and operates a platform of approximately 42 Westfield Living Centres with 37 located in Australia and five in New Zealand. The Company has a joint interest in 39 Westfield Living Centres. Its business solutions offer Leasing opportunities, including retail design, shop openings, store delivery and retail administration; Retail services, including centre services, marketing hub, gift cards and marketing services, and BrandSpace, including audience, range of solutions and photo gallery.
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