ASX:SCGRetail REITs
Scentre Group (ASX:SCG) Is Up 5.5% After A$240 Million Bondi Upgrade Plan And 2026 Targets - What's Changed
Earlier this month, Scentre Group confirmed a A$240.0 million level-six upgrade at Westfield Bondi Junction, focused on expanding lifestyle, entertainment and dining offerings, alongside plans for a 4.0% uplift in distributions and at least 4.0% funds-from-operations growth in 2026.
At the same time, Scentre has been exploring the sale of nearly half of Brisbane’s Westfield Mt Gravatt for about A$850.0 million, highlighting its use of capital partnerships to manage gearing while pursuing...