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The latest announcement is out from Scentre Group ( (AU:SCG) ).
Scentre Group reported a 4.9% rise in Funds From Operations to $1.188 billion for 2025, with distributions up 3.4% to $923 million and statutory profit at $1.779 billion. The company delivered its fifth consecutive year of earnings and distribution growth, driven by higher customer visits, record $30 billion in tenant sales and like-for-like Net Operating Income growth of 4.8%.
Customer visits reached 540 million in 2025, up 2.7%, while occupancy climbed to 99.8%, the highest since 2013, supported by 3,090 leasing deals and rising specialty rents. Redevelopments at Westfield Southland, Burwood and Bondi boosted visitation, and a new $240 million lifestyle and dining project at Westfield Bondi was announced to further enhance asset productivity.
The group advanced its capital strategy by introducing about $2.2 billion of new capital via asset joint ventures, including a 50% sell-down of Westfield Chermside and a 19.9% stake sale in Westfield Sydney to institutional partners, while retaining management control. Scentre also refinanced subordinated and senior debt, returned to the European bond market, and ended 2025 with $5.2 billion in available liquidity and high levels of interest rate hedging, underpinning its financial resilience.
The most recent analyst rating on (AU:SCG) stock is a Buy with a A$4.60 price target. To see the full list of analyst forecasts on Scentre Group stock, see the AU:SCG Stock Forecast page.
More about Scentre Group
Scentre Group is a real estate investment trust that owns, manages and develops Westfield-branded retail destinations across Australia and New Zealand. Its core business focuses on large-scale shopping centres and mixed-use precincts, attracting major retail, dining, entertainment and lifestyle brands while leveraging substantial land holdings for long-term growth.
YTD Price Performance: -7.67%
Average Trading Volume: 10,284,036
Technical Sentiment Signal: Buy
Current Market Cap: A$19.96B
Learn more about SCG stock on TipRanks’ Stock Analysis page.