Shopping Centres Australasia Property Group (ASX:SCP) is looking for acquisitions. Chair of the group, Philip Clark said, “We will continue to pursue suitable accretive acquisition opportunities, utilizing our management expertise and extensive industry knowledge, and utilizing our strong balance sheet. We are actively exploring funds management opportunities, which fit with an enhanced strategy to broaden and diversify our revenue streams and to provide growth opportunities.

Above all, the Board remains committed to our key objective, which is to deliver, secure and sustainable earnings and distributions, which grow over time. And we have the right management team to deliver that outcome to unitholders”.