ASX Announcements
Update - Dividend/Distribution - SCG
Dividend Record Date, Dividend Pay Date, Dividend Rate, Dividend Reinvestment Plan
- Feb 26, 2024
- 6 pages
Notification of cessation of securities - SCG
Appendix 3H (Notification of cessation of securities)
- Feb 22, 2024
- 4 pages
Change of Director's Interest Notice - Elliott Rusanow
Change of Director’s Interest Notice
- Feb 21, 2024
- 3 pages
Notification regarding unquoted securities - SCG
Appendix 3G (Notification of Issue, Conversion or Payment up of Unquoted Equity Securities)
- Feb 21, 2024
- 6 pages
This Month
What we learnt from WiseTech, Domino’s, Scentre and Santos results
WiseTech’s steady results send shares soaring, Domino’s tweaks its debt covenants, Scentre sings for its supper, and Santos’ boss says he has unfinished business.
- James Thomson and Anthony Macdonald
Westfield owner Scentre beats guidance with 5.4pc lift in payout
Scentre’s leasing spreads, the difference in rents between old and new agreements, is expected to remain positive even as consumer spending slows.
- Campbell Kwan
Mega Chanel store to anchor former Sydney home of DJs
The owner of Westfield in Australia is overhauling the former Sydney CBD department store, with an emporium that will be anchored by a three-storey Chanel boutique.
- Kylar Loussikian
Rate relief spurs rosy outlook for REITs
The outlook for the ASX-listed property stocks has turned decidedly bullish as the sector heads into its annual earnings season.
- Nick Lenaghan
January
Commercial values will trough by mid-year, JPMorgan says
After a torrid two years, the embattled office sector is in for better times – as is retail property – a new analysis says.
- Michael Bleby
December 2023
The man who made millions selling Christmas
Tim Clarkson has carried on a 130-year-old family business by being the biggest player in the $50 million-plus Christmas decorations market.
- Campbell Kwan
Is now the time to buy REITs?
With the peak in interest rates in sight, it may be time to consider the listed property trusts again. But be careful which stocks you buy, experts say.
- Larry Schlesinger
How online shopping has changed what’s in malls
In 2025, David Jones will hand back plenty of space at Westfield Bondi Junction. The silver lining is an opportunity to find new ways of enticing shoppers.
- Campbell Kwan
November 2023
Westfield owner Scentre chalks up inflation-beating rent rises
While sales growth has come off the boil at its malls, the company is locking in rental growth. That’s good news for its investors.
- Nick Lenaghan
- Opinion
- Commercial property finance
Are listed landlords prepared for the valuation reckoning?
In the depths of the pandemic, Scentre turned to hybrid capital to protect its balance sheet. Now, some argue office landlords should follow the mall operator’s example.
- Jonathan Shapiro
October 2023
‘Their hurt is our hurt’: Lowy in Israel presses diaspora for support
Steven Lowy, son of Westfield founder and Holocaust survivor Frank Lowy, flew into Israel last week to visit affected families and communities.
- Ronald Mizen
September 2023
Big malls languishing on the market – for years
A mismatch between the value expectations of sellers and buyers has left $2.5 billion worth of shopping centres unsold. The dry season may be ending.
- Campbell Kwan
August 2023
- Exclusive
- Retail
David Jones CEO: luxury spending remains but second-half sales slow
The former owners of the upmarket chain made just $30 million-odd profit on the sale to Anchorage Capital Partners.
- Carrie LaFrenz
- Opinion
- Chanticleer
What we learnt: Woodside, Scentre, Altium, Coles
Woodside powers up, Scentre wins your time, Altium shocks the market in the best way and Coles goes cheap.
- Anthony Macdonald and James Thomson
Scentre beats cost-of-living gloom with 10pc lift in payout
Powering its interim result was a 10 per cent surge in its net operating profit to $972 million, the highest it has achieved in a first-half period.
- Nick Lenaghan
Some REITs will weather the slowdown
Australian real estate investment trusts have weathered huge recent challenges. If things can’t get worse, are they about to get better?
- Jeremy Chunn
July 2023
ASX slips; Core Lithium shares tumble 17pc
The benchmark S&P/ASX 200 index pared gains recorded earlier in the session on Monday to slip 7.5 points to 7306.4 at the closing bell.
- Joanne Tran
May 2023
More shoppers mean more sales: Westfield’s recipe for success
Westfield owner Scentre’s focus on winning people’s time and attention through events and tie-ups – such as its program celebrating Disney’s 100th anniversary – is paying off in rising sales among its retailers.
- Nick Lenaghan
April 2023
Why this fundie thinks Scentre Group is cheap
Maple Brown-Abbott’s Kateryna Argyrou gives her take on office occupancy rates and why Westfield parent Scentre Group is undervalued by the market.
- Joanne Tran
Scentre gets serious, issues formal breach notes to David Jones
The move came after the department store’s private equity owners presented to landlords, confirming it put only $40m of its own funds into the purchase.
- Sarah Thompson, Kanika Sood and Emma Rapaport