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Scentre Group Ltd (SCG)

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3.82 -0.01    -0.26%
08/08 - Closed. Currency in AUD
Type:  Equity
Market:  Australia
ISIN:  AU000000SCG8 
  • Volume: 6,223,506
  • Bid/Ask: 3.80 / 3.86
  • Day's Range: 3.80 - 3.86
Scentre 3.82 -0.01 -0.26%

Scentre Group Ltd Company Profile

 
Get an in-depth profile of Scentre Group Ltd, including a general overview of the company's business and key management, as well as employee data and location and contact information.
IndustryReal Estate Operations
SectorReal Estate
Employees

2860

Equity Type

Unit

Scentre Group owns and operates 42 Westfield destinations with 37 located in Australia and five in New Zealand. Westfield destinations are strategically located in close proximity to the majority of the population in Australia and New Zealand and form part of the social fabric of the communities we serve. The Trust has a joint interest in 39 Westfield destinations. In 2024, customer visitation to Scentre Group’s Westfield destinations was 526 million, up by 14 million compared to 2023. Scentre Group’s strategic partnerships with leading brands Walt Disney Company Australia, Live Nation Entertainment, Netball Australia and Universal Pictures continued to deliver exclusive and highly sought-after experiences. Scentre Group’s business partners achieved a record level of sales during 2024 of $29.0 billion, an increase of $544 million compared to 2023. Demand from business partners continues to be strong with occupancy across Scentre Group’s portfolio increasing to 99.6 per cent at 31 December 2024, compared to 99.2 per cent at 31 December 2023. During the year Scentre Group completed 3,253 leasing deals with new specialty lease spreads of 2.0 per cent. Average specialty rent escalations across Scentre Group’s portfolio were 5.2 per cent during the Financial Year.

Contact Information

Address 85 Castlereagh Street
Sydney, 2000
Australia
Phone 61 2 9358 7877
Fax 61 2 9358 7881

Top Executives

Name Age Since Title
Ilana Rachel Atlas 70 2021 Independent Non-Executive Chair
Margaret Leone Seale 64 2016 Independent Non-Executive Director
Gaetano Alfred-Gerrard Russo 65 2020 Independent Non-Executive Director
Michael Francis Ihlein 69 2014 Independent Non-Executive Director
Craig Douglas Mitchell 56 2024 Independent Non-Executive Director
Sarah Carolyn Hailes Kay 64 2016 Independent Non-Executive Director
Elliott Chaim Aaron Rusanow 51 2019 CEO, MD & Executive Director
Michael John Wilkins 68 2020 Independent Non-Executive Director
Catherine Michelle Brenner 54 2022 Independent Non-Executive Director
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