Scentre traded at 3.88 this Friday February 6th, decreasing 0.10 or 2.51 percent since the previous trading session. Looking back, over the last four weeks, Scentre lost 6.73 percent. Over the last 12 months, its price rose by 5.72 percent. Looking ahead, we forecast Scentre to be priced at 4.00 by the end of this quarter and at 3.76 in one year, according to Trading Economics global macro models projections and analysts expectations.
Scentre Group (Scentre) is engaged in owning long term ownership of shopping centers. The Company owns and operates a portfolio of living centers in Australia and New Zealand. The Company geographic segment consists of Australia and New Zealand. The Company owns and operates a platform of approximately 42 Westfield living centers with 37 located in Australia and five in New Zealand. The Company has a joint interest in 40 Westfield Living Centres. Scentre is the parent company of Scentre Group Trust 1 (SGT1), Scentre Group Trust 2 (SGT2) and Scentre Group Trust 3 (SGT3).