Scentre Group FY2025 profit after tax attributable to members up 69.4% to AUD 1.78bn

Reuters
02/24
<a href="https://laohu8.com/S/STGPF">Scentre Group</a> FY2025 profit after tax attributable to members up 69.4% to AUD 1.78bn

Scentre Group reported FY 2025 revenue of USD 2.69 billion (+1.8%), net operating income of USD 2.10 billion (+3.7%) and funds from operations attributable to members of USD 1.19 billion (+4.9%), with FFO per security of 22.82 cents. Profit after tax attributable to members (including unrealised fair value movements) was USD 1.78 billion (+69.4%). FY 2025 distributions were USD 923 million (+3.4%), or 17.72 cents per stapled security; the final distribution is payable on 27 February 2026, with a DRP issue price of USD 3.7998 and no discount. Operational updates for FY 2025 included 540 million customer visits (+2.7%), portfolio occupancy of 99.8%, and business partner sales of USD 30.0 billion (+3.6%). The group completed 3,090 leasing deals with new specialty lease spreads of +3.2% and average specialty rent escalations of 4.5%. Key asset and capital highlights included approximately USD 2.2 billion of new capital introduced via joint venturing, including a 50% joint venture of Westfield Chermside for USD 1.3 billion and the sale of a 19.9% interest in Westfield Sydney for USD 864 million; liquidity was USD 5.2 billion at 31 December 2025. Redevelopment milestones cited included the Westfield Sydney expansion, redevelopments at Westfield Southland (USD 72 million; Scentre Group share USD 36 million), Westfield Burwood (USD 48 million; share USD 24 million) and Level 1 at Westfield Bondi (USD 28 million; share USD 28 million), and the announced commencement of a USD 240 million investment to redevelop Level 6 at Westfield Bondi.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Scentre Group published the original content used to generate this news brief on February 23, 2026, and is solely responsible for the information contained therein.

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