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Scentre Group Limited

Posted on November 8, 2020November 8, 2020

Scentre Group Limited is a shopping centre company with retail destinations operating under the Westfield brand in Australia and New Zealand.

The corporation undertakes ownership, development, design, construction, funds/asset management, property management, leasing, and marketing activities for its centres. The group was created in June 2014 when the Westfield Group separated its American and European businesses from its operations in Australia and New Zealand.

The company is listed on the Australian Securities Exchange and had a shopping centre portfolio that includes investment interests in 41 shopping centres across Australia and New Zealand in 2019, encompassing around 12,544 retail outlets and total assets under management in excess of A$39.4 billion in 2015.

Traded as:           ASX: SCG

Industry:              Real estate development; Shopping centre management

Predecessor:     Westfield Group

Founded:            2014; 6 years ago (as a spin off from Westfield Development Corporation founded 1960), listed on the Sydney Stock Exchange)

Headquarters:   85 Castlereagh Street, Sydney, Australia

Website:              www.scentregroup.com

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