Scentre Group
SCG: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ?& | LOCK|RLf& | LOCK|$>#<k#@! |
Scentre Group's Valuation Retained and Its Shares Remain Undervalued on Transfer of Analyst
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.
