Annonce • Feb 11
Scentre Group Announces Estimated Fully Paid Ordinary Dividend for the Six Months Ended December 31, 2025, Payable on February 27, 2026 Scentre Group announced Estimated fully paid ordinary dividend of AUD 0.08905000 per share for the six months ended December 31, 2025. Ex Date: February 12, 2026. Record Date: February 13, 2026. Payment Date: February 27, 2026. Annonce • Feb 04
Scentre Group, Annual General Meeting, Apr 22, 2026 Scentre Group, Annual General Meeting, Apr 22, 2026. Annonce • Jan 29
Scentre Group to Report Fiscal Year 2025 Results on Feb 24, 2026 Scentre Group announced that they will report fiscal year 2025 results at 10:00 AM, AUS Eastern Standard Time on Feb 24, 2026 Annonce • Dec 23
Australian Retirement Trust Pty Ltd agreed to acquire 19.90% stake in Westfield Sydney from Scentre Group (ASX:SCG) for approximately AUD 870 million. Australian Retirement Trust Pty Ltd agreed to acquire 19.90% stake in Westfield Sydney from Scentre Group (ASX:SCG) for approximately AUD 870 million on December 23, 2025. Post the transaction Scentre Group will continue to own 80.1% of Westfield Sydney and will remain the property, leasing and development manager.
Settlement is expected in early February 2026. Annonce • Sep 17
Scentre Group Appoints Julie Coates as a Non-Executive Director of the Board, Effective, 1 October 2025 Scentre Group announced the appointment of Julie Coates as a non-executive Director of the Board, effective, 1 October 2025. Ms Coates will stand for election at the Group's 2026 AGM. Julie brings a diverse range of skills to the Board from her accomplished non-executive and executive career. Her broad experience including in retail and customer experience, building materials and consumer goods, will further strengthen and complement the Board's existing skills and expertise. Julie's most recent executive role was as Managing Director and Chief Executive Officer of CSR Limited. Prior to that she was Managing Director (Australia and New Zealand) of Goodman Fielder Limited. Julie also held positions at the Woolworths Group, including as Managing Director of Big W, Chief Logistics Officer and Human Resources Director, and was a member of the company's management board. She is currently a Non-executive Director of Wesfarmers Limited and a Director of the Green Building Council of Australia. Annonce • Jul 23
Scentre Group to Report First Half, 2025 Results on Aug 26, 2025 Scentre Group announced that they will report first half, 2025 results on Aug 26, 2025 Annonce • Feb 12
Scentre Group to Report Fiscal Year 2024 Results on Feb 26, 2025 Scentre Group announced that they will report fiscal year 2024 results on Feb 26, 2025 Annonce • Feb 10
Scentre Group Announces Estimated Ordinary Dividend for the Six Months Ended December 31, 2024, Payable on February 28, 2025 Scentre Group announced estimated ordinary dividend of AUD 0.08600000 per security for the six months ended December 31, 2024. Record Date: February 14, 2025, Ex Date: February 13, 2025, Payment Date: February 28, 2025. Annonce • Jan 23
Scentre Group, Annual General Meeting, Apr 09, 2025 Scentre Group, Annual General Meeting, Apr 09, 2025. Annonce • Oct 14
Scentre Group Appoints Craig Mitchell as Non-Executive Director, Effective 14 October 2024 Scentre Group announced the appointment of Craig Mitchell as a non-executive Director of the Board, effective, 14 October 2024. Craig has more than 25 years of experience in the property industry spanning retail, construction, development and funds management, which will complement and build on the skills of the Board. He has previously held executive leadership roles at Grocon and Dexus. Craig is currently Global Chief Executive Officer of Northwest Healthcare Properties REIT, a role from which he will step down in mid-2025. Craig will be an independent non-executive Director and will stand for election at the Group's 2025 AGM. Reported Earnings • Aug 22
First half 2024 earnings released: FFO per share: AU$0.1 (vs AU$0.11 in 1H 2023) First half 2024 results: FFO per share: AU$0.1 (up from AU$0.11 in 1H 2023). Revenue: AU$1.28b (up 2.1% from 1H 2023). Funds from operations (FFO): AU$568.2m (up 2.1% from 1H 2023). FFO margin: 45% (in line with 1H 2023). Revenue is forecast to stay flat during the next 3 years compared to a 3.3% decline forecast for the Retail REITs industry in Europe. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Declared Dividend • Aug 14
Final dividend of AU$0.086 announced Shareholders will receive a dividend of AU$0.086. Ex-date: 15th August 2024 Payment date: 30th August 2024 Dividend yield will be 6.7%, which is higher than the industry average of 5.6%. Annonce • Jul 08
Scentre Group to Report First Half, 2024 Results on Aug 21, 2024 Scentre Group announced that they will report first half, 2024 results on Aug 21, 2024 Annonce • Jun 22
Scentre Joins Investment Bank for Stake in Tea Tree Plaza The owner of the local Westfield empire, Scentre Group (ASX:SCG), has teamed up with investment bank Barrenjoey to buy a half stake in Adelaide's Westfield Tea Tree Plaza and a small adjoining centre for about $308 million. The deal marks a shift by the large mall owner, which has traditionally worked with big institutions to buy malls. By joining with the bank it is now tapping private capital that wants to directly own shopping centres, opening up a new pool of investors. The transaction also shows that large institutions that own malls are seeing value in them, following a fall in values triggered by higher interest rates and Covid-19. Scentre and Barrenjoey made their move on the stake in the mall in April by launching an unlisted trust to own a half interest in the property, Adelaide's second largest mall. Their surprise move effectively thwarted a transaction that would have resulted in acquisitive funds house IP Generation purchasing the stake in the mall from the Dexus-managed fund selling it. The move not only signals Scentre's entry into funds but this is expected to continue as more centres come up given the offer was oversubscribed. The deal also shows the large pricing recalibration of regional shopping centre assets since the boom times before the pandemic. Scentre Group Chief Executive Elliott Rusanow said the group had successfully partnered with Barrenjoey Private Capital to establish a fund to purchase a 50% share in Westfield Tea Tree Plaza and the adjoining Tea Tree Plus. "The opportunity was oversubscribed, reflecting the strong demand from private investors to invest directly into one of our Westfield destinations," he said. "The group has retained its 50% interest and will continue to drive the strong operating performance of the centre." A Dexus spokesman confirmed the sale of the centre as part of the fund's proactive capital management strategy. The unlisted vehicle has been selling down assets to meet redemptions. CBRE agent Simon Rooney negotiated the deal for the Dexus-managed fund as institutional and private capital flows back into the regional shopping centre market. The acquisition comes just weeks after the announcement of Vicinity Centre's agreement with the Future Fund to acquire its 50% interest in Lakeside Joondalup, Western Australia, with additional major retail transactions expected to be completed in coming months. Buy Or Sell Opportunity • May 30
Now 20% undervalued The stock has been flat over the last 90 days, currently trading at €1.89. The fair value is estimated to be €2.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.3% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 1.4% per annum. Earnings are forecast to grow by 20% per annum over the same time period. Buy Or Sell Opportunity • Feb 28
Now 20% undervalued Over the last 90 days, the stock has risen 14% to €1.82. The fair value is estimated to be €2.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.3% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 1.8% per annum. Earnings are forecast to grow by 20% per annum over the same time period. Reported Earnings • Feb 22
Full year 2023 earnings released: FFO per share: AU$0.2 (vs AU$0.20 in FY 2022) Full year 2023 results: FFO per share: AU$0.2 (up from AU$0.20 in FY 2022). Revenue: AU$2.51b (up 2.1% from FY 2022). Funds from operations (FFO): AU$1.09b (up 5.2% from FY 2022). FFO margin: 44% (up from 42% in FY 2022). Revenue is expected to fall by 1.6% p.a. on average during the next 3 years compared to a 3.1% decline forecast for the Retail REITs industry in Europe. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Feb 15
Now 22% undervalued Over the last 90 days, the stock has risen 17% to €1.84. The fair value is estimated to be €2.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.1% over the last 3 years. Meanwhile, the company became loss making. Declared Dividend • Feb 14
First half dividend of AU$0.084 announced Shareholders will receive a dividend of AU$0.084. Ex-date: 15th February 2024 Payment date: 29th February 2024 Dividend yield will be 7.0%, which is higher than the industry average of 5.6%. Annonce • Jan 30
Scentre Group to Report Fiscal Year 2023 Results on Feb 21, 2024 Scentre Group announced that they will report fiscal year 2023 results at 9:00 AM, AUS Eastern Standard Time on Feb 21, 2024 Annonce • Jan 19
Scentre Group, Annual General Meeting, Apr 04, 2024 Scentre Group, Annual General Meeting, Apr 04, 2024. Buying Opportunity • Dec 14
Now 21% undervalued Over the last 90 days, the stock is up 10%. The fair value is estimated to be €2.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.1% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Aug 23
First half 2023 earnings released: FFO per share: AU$0.1 (vs AU$0.11 in 1H 2022) First half 2023 results: FFO per share: AU$0.1 (up from AU$0.11 in 1H 2022). Revenue: AU$1.25b (up 6.3% from 1H 2022). Funds from operations (FFO): AU$556.6m (up 1.5% from 1H 2022). FFO margin: 45% (down from 47% in 1H 2022). Revenue is expected to fall by 1.1% p.a. on average during the next 3 years compared to a 3.0% decline forecast for the Retail REITs industry in Europe. Annonce • Jul 24
Scentre Group to Report First Half, 2023 Results on Aug 22, 2023 Scentre Group announced that they will report first half, 2023 results on Aug 22, 2023 Annonce • May 13
Scentre Group Provides Dividend Guidance for the Year 2023 Scentre Group announced that distributions are expected to be at least 16.50 cents per security for 2023, representing at least 4.8% growth for the year. Recent Insider Transactions • Mar 05
Independent Non-Executive Director recently bought €93k worth of stock On the 2nd of March, Ilana Atlas bought around 50k shares on-market at roughly €1.86 per share. This transaction amounted to 62% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €257k more in shares than they have sold in the last 12 months. Reported Earnings • Feb 22
Full year 2022 earnings released: EPS: AU$0.058 (vs AU$0.17 in FY 2021) Full year 2022 results: EPS: AU$0.058 (down from AU$0.17 in FY 2021). Revenue: AU$2.46b (up 7.8% from FY 2021). Net income: AU$300.6m (down 66% from FY 2021). Profit margin: 12% (down from 39% in FY 2021). Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the REITs industry in Europe. Annonce • Feb 13
Scentre Group Announces Estimated Ordinary Dividend for the Period of Six Months Ended December 31, 2022, Payable on February 28, 2023 Scentre Group announced estimated ordinary dividend on ordinary stapled securities for the period of six months ended December 31, 2022. For the period the company announced dividend of AUD 0.08250000 with Record Date 17 February, 2023; Ex Date of 16 February, 2023 and Payment Date to be 28 February, 2023. Annonce • Jan 16
Scentre Group to Report Fiscal Year 2022 Results on Feb 22, 2023 Scentre Group announced that they will report fiscal year 2022 results on Feb 22, 2023 Board Change • Nov 16
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Steve McCann was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Nov 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. CEO, MD & Executive Director Elliott Chaim Rusanow was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Oct 06
High number of new directors There are 5 new directors who have joined the board in the last 3 years. CEO, MD & Executive Director Elliott C. Rusanow was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Aug 30
Independent Non-Executive Director recently bought €201k worth of stock On the 26th of August, Catherine Brenner bought around 100k shares on-market at roughly €2.01 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Aug 24
First half 2022 earnings released: FFO per share: AU$0.1 (vs AU$0.089 in 1H 2021) First half 2022 results: FFO per share: AU$0.1 (up from AU$0.089 in 1H 2021). Revenue: AU$1.18b (up 8.8% from 1H 2021). Funds from operations (FFO): AU$548.6m (up 18% from 1H 2021). FFO margin: 47% (up from 43% in 1H 2021). Over the next year, revenue is forecast to grow 5.3% while the REITs industry in Germany is not expected to grow. Board Change • Apr 02
High number of new directors Independent Non-Executive Director Catherine Brenner was the last director to join the board, commencing their role in 2022. Reported Earnings • Feb 24
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: FFO: AU$2.28b per share (up from AU$0.15 in FY 2020). Revenue: AU$2.28b (up 5.5% from FY 2020). Funds from operations (FFO): AU$862.5m (up 13% from FY 2020). FFO margin: 38% (up from 35% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.2%. Over the next year, revenue is forecast to grow 10% while thereits industry in Germany is not expected to grow.