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Scentre Group Brings in $683M Partner for Westfield Chermside Stake
8:34am on Friday 12th of December, 2025 AEDT
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Real Estate
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Scentre Group Brings in $683M Partner for Westfield Chermside Stake
8:34am on Friday 12th of December, 2025 AEDT
Key Points
25% interest in Westfield Chermside sold for $683 million
Transaction values asset at 5.00% capitalisation rate
Scentre Group retains 50% ownership and management role
Scentre invests $50 million as foundation investor in Dexus fund
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