Latest Scentre (Asx:Scg) News

Scentre Group has sold a 19.9% stake in Westfield Sydney to Australian Retirement Trust for $864 million, reinforcing its strategy of capital recycling through joint ventures.

Scentre Group has sold a 25% stake in Westfield Chermside to a Dexus-managed fund for $683 million, maintaining half ownership and management control. This move injects fresh capital aligned with its long-term strategy.

Scentre Group reports a solid operating update for 2025, highlighting increased customer visits, rising business partner sales, and near-full occupancy across its Westfield centres.

Scentre Group reports a 3.2% rise in first-half Funds From Operations to $587 million and upgrades its full-year distribution guidance, reflecting strong retail property performance and strategic growth initiatives.

Scentre Group has announced its actual ordinary dividend for the six months ended June 2025, alongside detailed currency options and dividend reinvestment plan pricing.

Scentre Group reported a 93% surge in half-year profit to $782.2 million, driven by strong operational growth and property valuation gains. The Group declared an interim distribution of 8.815 cents per security and reaffirmed its 2025 growth guidance.

Scentre Group has announced an ordinary dividend of AUD 0.08815 per security for the half-year ended 30 June 2025, payable on 29 August. The dividend is fully unfranked and includes a Dividend Reinvestment Plan with no discount.

Scentre Group reports rising customer visits and record business partner sales, while advancing major Westfield redevelopments and reaffirming 2025 earnings guidance.

Scentre Group has announced an estimated ordinary dividend of AUD 0.086 per security, payable in late February 2025, signaling steady returns ahead of its full-year financial results.