Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  AUSTRALIAN SECURITIES EXCHANGE LIMITED  >  Scentre Group    SCG   AU000000SCG8

SCENTRE GROUP

(SCG)
  Report
End-of-day quote. End-of-day quote AUSTRALIAN SECURITIES EXCHANGE LIMITED - 01/20
3.99 AUD   -0.99%
2019SCENTRE : Change of Director's Interest Notice - Peter Allen
PU
2019SCENTRE : Notification of Share Cancellation (Form 484)
PU
2019SCENTRE : Prioritises Garden City
AQ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsAnalyst Recommendations

Scentre : Acquires 50% Stake in Garden City Booragoon for A$570 Million

share with twitter share with LinkedIn share with facebook
share via e-mail
0
12/05/2019 | 09:11pm EST

By P.R.Venkat

Scentre Group (SCG.AU) has acquired a 50% stake in Garden City Booragoon, a shopping center in Perth, Australia, for 570 million Australian dollars (US$389.5 million).

Booragoon was 100% owned by AMP Capital Diversified Property Fund, which will now become Scentre's 50% joint-venture partner, Scentre said Friday.

The transaction is expected to be marginally accretive to Scentre's earnings from 2020 and will increase its gearing to 32%, it said.

Write to P.R. Venkat at venkat.pr@wsj.com

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on SCENTRE GROUP
2019SCENTRE : Change of Director's Interest Notice - Peter Allen
PU
2019SCENTRE : Notification of Share Cancellation (Form 484)
PU
2019SCENTRE : Prioritises Garden City
AQ
2019SCENTRE : expands its Westfield portfolio through the acquisition of a 50% inter..
PU
2019SCENTRE : Acquires 50% Interest in Booragoon
PU
2019SCENTRE : Acquires 50% Stake in Garden City Booragoon for A$570 Million
DJ
2019SCENTRE : officially opens Westfield Newmarket Redevelopment
PU
2019SCENTRE : Notification of Share Cancellation (Form 484)
PU
2019SCENTRE : Change of Director's Interest Notice - Aliza Knox
PU
2019Goodman Profit Rises, Forecasts More Growth in FY20
DJ
More news
Financials (AUD)
Sales 2019 2 835 M
EBIT 2019 1 950 M
Net income 2019 1 353 M
Debt 2019 13 145 M
Yield 2019 5,70%
P/E ratio 2019 15,8x
P/E ratio 2020 15,8x
EV / Sales2019 12,0x
EV / Sales2020 12,0x
Capitalization 20 852 M
Chart SCENTRE GROUP
Duration : Period :
Scentre Group Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SCENTRE GROUP
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 9
Average target price 3,90  AUD
Last Close Price 3,99  AUD
Spread / Highest target 7,77%
Spread / Average Target -2,28%
Spread / Lowest Target -11,3%
EPS Revisions
Managers
NameTitle
Peter Kenneth Allen Chief Executive Officer & Executive Director
Brian Martin Schwartz Independent Non-Executive Chairman
Greg Miles Chief Operating Officer
Elliott Chaim Aaron Rusanow Chief Financial Officer
Richard Webby Technology Director
Sector and Competitors