Scentre Group

SCG: XASX (AUS)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	A$6.50	Scd	Mfsgsrcqj

Strong Retail Condtions After the Pandemic Helped Scentre to Find Its Mojo

Alexander Prineas

Feb 23, 2024

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. Scentre is predominantly a passive rent collector, but also undertakes development activities, constructing new centers and redeveloping existing assets, including recent developments in New Zealand such as Westfield Newmarket in Auckland.

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