@ScentreGroup

Owner of 42 Westfield destinations in Australia and New Zealand. Our purpose is creating extraordinary places, connecting and enriching communities.

 Australia
scentregroup.com
Joined December 2013
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  • Followers1.2K
138Media
Today we announced an operating update for the year-to-date.
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“A record $28.8 billion of annual sales was achieved by business partners to 30 September 2024.
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“Demand for space from a diverse range of business partners is strong. Portfolio occupancy was 99.4% at 30 September 2024, up 30bps compared to 30 September 2023." Read: tinyurl.com/3zhzanfn
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Today we released our results for the six months to 30 June 2024 with Funds From Operations (FFO) of $568 million (10.95 cents per security, up 2.0%) and Distributions of $446 million (8.60 cents per security, up 4.2%). tinyurl.com/45kme99x
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“Our focus on creating more reasons for people to visit has seen 320 million customer visitations so far this year. This is an increase of 1.9% or 6 million more visits when compared to the same period last year."
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“This has provided our business partners with the opportunity to increase their sales through our Westfield destinations, increasing by 2.4% to $13.4 billion in the six months to 30 June 2024 and a record $28.6 billion for the 12 months to 30 June 2024.”
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More experiences, more security: The future of Westfield Bondi Junction smh.com.au/national/nsw/more…

More experiences, more security: The future of Westfield Bondi Junction

A social wellness club and interactive sports store will replace David Jones food hall, as part of a makeover of Westfield Bondi Junction.

smh.com.au
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Today we announced an operating update. Read more: tinyurl.com/59ykdwvx
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(1/2) “Scentre Group extends its deepest and most heartfelt condolences to the families and loved ones of those impacted by today’s tragedy at Westfield Bondi.
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(2/2) "We extend our deep appreciation for the swift and brave action of our team and first responders. "Our team continues to provide full assistance to the NSW emergency services response.” - Scentre Group Chief Executive Officer, Elliott Rusanow.
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“Over the past 12 months, we’ve made progress on our net zero strategy.
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“We completed rooftop solar installations at Westfield Fountain Gate, Westfield Knox, Westfield Hornsby and Westfield Tuggerah, which together more than double the Group’s solar generation capacity from 5.9MW to 12.2MW.
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“We also entered into a long-term energy agreement in NSW and Victoria. Together with our existing agreements in Queensland and New Zealand, this will assist us in achieving our goal of net zero emissions by 2030 (Scope 1 and 2 emissions).”
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Today we released our 2023 Responsible Business Report highlighting progress across the four pillars of our Responsible Business framework – community, talent, environment and economic performance. Read: tinyurl.com/mufafp63
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Our Chief Executive Officer, Elliott Rusanow said: “Operating as a responsible and sustainable business is part of our strategy and how we create long-term value for our securityholders.
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Scentre Group retweeted
ausbiz
@ausbiztv21 Feb 2024
"We did take the view last year that with the increased cost of living pressures that fundamental to our business is that we offer free entertainment..." Watch the interview: ausbiz.co/3uHlw52 #ausbiz #ASX $SCG @ScentreGroup
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