Scentre Group owns and operates retail real estate assets across Australia and New Zealand. Formed in 2014 through the demerger of Westfield Group and its merger with Westfield Retail Trust, it is structured as a stapled real estate investment trust comprising four entities. The company manages property design, construction, development, leasing, and asset management in-house for its Westfield-branded destinations.
Price
AUD 3.45
12-month move
-15.2%
Trailing yield
5.25%
52-week range
3.28 – 4.27
Twelve months, month-end closes
Sept 25Range 3.32 to 4.2 AUDSept 26
Trading 17% of the way up its twelve-month range. Yield is below the 5.35% median for retail in this region.