Scentre Group (ASX:SCG)
Australia flag Australia · Delayed Price · Currency is AUD
3.590
-0.010 (-0.28%)
Jun 27, 2025, 4:17 PM AEST

Scentre Group Company Description

Scentre Group owns and operates 42 Westfield destinations with 37 located in Australia and five in New Zealand.

Westfield destinations are strategically located in close proximity to the majority of the population in Australia and New Zealand and form part of the social fabric of the communities we serve.

The Trust has a joint interest in 39 Westfield destinations. In 2024, customer visitation to Scentre Group’s Westfield destinations was 526 million, up by 14 million compared to 2023.

Scentre Group’s strategic partnerships with leading brands Walt Disney Company Australia, Live Nation Entertainment, Netball Australia and Universal Pictures continued to deliver exclusive and highly sought-after experiences.

Scentre Group’s business partners achieved a record level of sales during 2024 of $29.0 billion, an increase of $544 million compared to 2023.

Demand from business partners continues to be strong with occupancy across Scentre Group’s portfolio increasing to 99.6 per cent at 31 December 2024, compared to 99.2 per cent at 31 December 2023.

During the year Scentre Group completed 3,253 leasing deals with new specialty lease spreads of 2.0 per cent.

Average specialty rent escalations across Scentre Group’s portfolio were 5.2 per cent during the Financial Year.

Scentre Group
Scentre Group logo
Country Australia
Founded 2014
Industry REIT - Retail
Sector Real Estate
Employees 2,860
CEO Elliott Chaim Rusanow

Contact Details

Address:
85 Castlereagh Street
Sydney, NSW 2000
Australia
Phone 61 2 9358 7877
Website scentregroup.com

Stock Details

Ticker Symbol SCG
Exchange Australian Securities Exchange
Fiscal Year January - December
Reporting Currency AUD
ISIN Number AU000000SCG8
SIC Code 6798

Key Executives

Name Position
Elliott Chaim Aaron Rusanow Chief Executive Officer, MD and Executive Director
Andrew M. Clarke Chief Financial Officer
Maria Stamoulis Director of Human Resources
Maureen Therese McGrath General Counsel of Compliance and Secretary
Paul F. Giugni General Counsel and Secretary