Scentre Group Achieves Record Sales and Expands Retail Spaces

Scentre Group (AU:SCG) has released an update.

Scentre Group has reported a strong performance in 2024, with customer visits to its 42 Westfield destinations increasing to 429 million, marking a 2.1% rise from last year. The company achieved record sales with business partners generating $28.8 billion and maintained a high portfolio occupancy of 99.4%. Additionally, Scentre Group has been actively expanding and repurposing its retail spaces, such as the Westfield Sydney and Mt Gravatt, while also diversifying its capital sources through strategic financial initiatives.

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