Scentre Group (ASX: SCG) today announced its operational update for the March 2020 quarter.

• 42 Westfield Living Centres have remained open and trading throughout the quarter with the highest level of health and safety standards implemented

• 57% of retailers are now open and trading, with significantly more retailers to reopen over the coming weeks

• Launched Westfield Direct, a new drive-through, contactless click and collect service available across all our centres

• Implemented a range of initiatives targeting more than a 25% reduction in centre operating expenses during the pandemic period

• In April, the Group increased liquidity to $3.1 billion. In addition, as a result of additional refinancing of bank facilities, the amount of debt maturing through to December 2021 has been further reduced to $1.9 billion

Click here for the full 1st Quarter Operational Update

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Scentre Group Limited published this content on 10 May 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 May 2020 00:23:04 UTC