Scentre Group
SCG.AX · ASX
Company research
Scentre Group (ASX: SCG) is a leading Australian Real Estate Investment Trust (REIT) and the owner and operator of the iconic Westfield brand across Australia and New Zealand, established in 2014 following the demerger and restructure of the Westfield Group. The company manages an unrivalled portfolio of 42 Westfield Living Centres — comprising 37 in Australia and 5 in New Zealand — encompassing approximately 12,000 retail outlets, with total retail real estate assets valued at approximately A$34.3 billion. Positioned as premier community and social hubs, Scentre Group's Westfield destinations attracted a record 526 million customer visits in 2024, with business partners achieving record sales of A$29.0 billion and portfolio occupancy reaching 99.6%. Under the leadership of CEO Elliott Rusanow, Scentre Group generates the vast majority of its revenue through retail leasing, leveraging its irreplaceable, high-quality assets in prime urban locations to deliver consistent income growth, with annual revenue of approximately A$2.64 billion in FY2024 and a market capitalisation of around A$20 billion.
Research reports
Morningstar analyses Dexus’ acquisition of a stake in Westfield Chermside from Scentre, arguing the partnership is strategically sensible while maintaining Scentre’s fair value estimate at AUD 3.90 and noting the stock is modestly overvalued after a strong year‑to‑date run. The note highlights solid retail sales, robust tenant demand and expected FFO growth for Scentre, framing upside as largely priced in despite healthy operating metrics.
Simply Wall St · December 1, 2025Scentre Group (ASX:SCG) - Stock Analysis - Simply Wall StSimply Wall St provides a structured fundamental overview of Scentre Group, including “Snowflake” scores for valuation, future growth, past performance, financial health and dividends, supported by detailed TTM revenue, earnings, margins, leverage and volatility metrics anchored on June 30, 2025 earnings. The analysis benchmarks SCG’s returns and volatility against the Australian retail REIT industry and broader market, emphasizing strong profitability and stable price behavior but limited modeled future growth, without issuing a direct buy or sell call.
StockInvest.us · July 25, 2025Scentre Group Stock Price Forecast. Should You Buy SCG.AX?StockInvest.us publishes a technically focused trading report on SCG.AX, reviewing recent price action, trend behavior, volume dynamics, MACD and moving‑average signals, and short‑term support and resistance levels. The analysis upgrades Scentre from Hold/Accumulate to a Buy candidate, outlines an expected three‑month upside range, and provides a specific stop‑loss level and intraday trading expectations to guide actionable positioning.