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Scentre Group

SCG: XASX (AUS)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
A$5.40XpsYfpmsztx

Scentre Group Earnings Set to Recover From Pandemic, but Distributions to Bounce More Slowly

Business Strategy and Outlook

Scentre Group was created in mid-2014 by combining the Australian assets of the Westfield Group with those of Westfield Retail Trust. It is predominantly a passive rent collector, but also undertakes development activities, constructing new centres and redeveloping existing assets.

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