ASX:SCG 3 May 2026

Scentre Group Shares Drop 4.4% – What Traders Are Watching
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Scentre Group Shares Drop 4.4% – What Traders Are Watching

Scentre Group shares closed at A$3.66 on Friday, down 4.44% over seven days, as investors watched for details on the A$240 million Westfield Bondi Junction redevelopment. The ASX will pause trading for the King’s Birthday holiday on Monday. Scentre’s 2026 funds from operations target remains unchanged, with distributions expected to rise 4%. The group may sell a major stake in Westfield Mt Gravatt, valued at A$1.69 billion.
June 7, 2026
Scentre Group’s $1.3 Billion Debt Buyback Hits 89% as Westfield Owner Heads for Redemption
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Scentre Group’s $1.3 Billion Debt Buyback Hits 89% as Westfield Owner Heads for Redemption

Scentre Group received tenders for about 89% of its US$1.31 billion non-call 2030 subordinated notes, clearing the way for full redemption after a May 4 New York deadline. The company expects about A$3.2 billion in liquidity after settlement. Scentre shares last closed at A$3.77 ahead of the ASX open. First-quarter partner sales rose 5% to A$7.0 billion, with portfolio occupancy at 99.8%.
May 3, 2026