Scentre's Opportunities Stretch Into Distance -- Market Talk

Dow Jones

Aug 27

2313 GMT [Dow Jones]--Citi raises its price target on mall owner Scentre by 18% to A$4.60/share, highlighting its operational momentum and opportunity to overhaul its debt. Positive leasing spreads of 3.0% in 1H indicate strong negotiating power with tenants, Citi says. "Catalysts remain with the potential for significant subordinated buybacks in the short term and potential for asset level joint ventures in the medium term," analyst Howard Penny says. Citi is also optimistic about Scentre's ability to develop residential property next to its shopping malls in the future, using excess land and parking lots. Citi retains a buy call on Scentre, which ended Tuesday at A$4.06. (david.winning@wsj.com)

(END) Dow Jones Newswires

August 26, 2025 19:15 ET (23:15 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2562765748"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2562765748\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2562765748?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-08-27 07:15","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2562765748","market":"hk","top_or_hot":-1,"title":"Scentre's Opportunities Stretch Into Distance -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  2313 GMT [Dow Jones]--Citi raises its price target on mall owner Scentre by 18% to A$4.60/share, highlighting its operational momentum and opportunity to overhaul its debt. Positive leasing spreads of 3.0% in 1H indicate strong negotiating power with tenants, Citi says. \"Catalysts remain with the potential for significant subordinated buybacks in the short term and potential for asset level joint ventures in the medium term,\" analyst Howard Penny says. Citi is also optimistic about Scentre's ability to develop residential property next to its shopping malls in the future, using excess land and parking lots. Citi retains a buy call on Scentre, which ended Tuesday at A$4.06. (david.winning@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  August 26, 2025 19:15 ET (23:15 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Scentre's Opportunities Stretch Into Distance -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nScentre's Opportunities Stretch Into Distance -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-08-27 07:15</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  2313 GMT [Dow Jones]--Citi raises its price target on mall owner Scentre by 18% to A$4.60/share, highlighting its operational momentum and opportunity to overhaul its debt. Positive leasing spreads of 3.0% in 1H indicate strong negotiating power with tenants, Citi says. \"Catalysts remain with the potential for significant subordinated buybacks in the short term and potential for asset level joint ventures in the medium term,\" analyst Howard Penny says. Citi is also optimistic about Scentre's ability to develop residential property next to its shopping malls in the future, using excess land and parking lots. Citi retains a buy call on Scentre, which ended Tuesday at A$4.06. (david.winning@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  August 26, 2025 19:15 ET (23:15 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7005","symbol_name":"零售业房地产投资信托","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2562765748","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2562765748","pubTimestamp":1756250100,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"2313 GMT [Dow Jones]--Citi raises its price target on mall owner Scentre by 18% to A$4.60/share, highlighting its operational momentum and opportunity to overhaul its debt. Positive leasing spreads of 3.0% in 1H indicate strong negotiating power with tenants, Citi says. \"Catalysts remain with the potential for significant subordinated buybacks in the short term and potential for asset level joint ventures in the medium term,\" analyst Howard Penny says. Citi is also optimistic about Scentre's ability to develop residential property next to its shopping malls in the future, using excess land and parking lots. Citi retains a buy call on Scentre, which ended Tuesday at A$4.06. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7005":"零售业房地产投资信托","SCG.AU":"SCENTRE GROUP","BK7510":"REITs概念","BK7162":"零售房地产信托"},"translate_title":"Scentre的机遇延伸至远方——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SCG.AU":0.9},"content_text":"2313 GMT [Dow Jones]--Citi raises its price target on mall owner Scentre by 18% to A$4.60/share, highlighting its operational momentum and opportunity to overhaul its debt. Positive leasing spreads of 3.0% in 1H indicate strong negotiating power with tenants, Citi says. \"Catalysts remain with the potential for significant subordinated buybacks in the short term and potential for asset level joint ventures in the medium term,\" analyst Howard Penny says. Citi is also optimistic about Scentre's ability to develop residential property next to its shopping malls in the future, using excess land and parking lots. Citi retains a buy call on Scentre, which ended Tuesday at A$4.06. (david.winning@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  August 26, 2025 19:15 ET (23:15 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}