Scentre Group March 2020 Quarterly Operational Update

Scentre Group (ASX: SCG) today announced its operational update for the March 2020 quarter.

42 Westfield Living Centres have remained open and trading throughout the quarter with the highest level of health and safety standards implemented
57% of retailers are now open and trading, with significantly more retailers to reopen over the coming weeks
Launched Westfield Direct, a new drive-through, contactless click and collect service available across all our centres
Implemented a range of initiatives targeting more than a 25% reduction in centre operating expenses during the pandemic period
In April, the Group increased liquidity to $3.1 billion. In addition, as a result of additional refinancing of bank facilities, the amount of debt maturing through to December 2021 has been further reduced to $1.9 billion

We acknowledge the Traditional Owners and communities of the lands on which our business operates.

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We pay our respect to Aboriginal and Torres Strait Islander cultures and to their Elders past and present.

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We recognise the unique role of Māori as Tangata Whenua of Aotearoa/New Zealand.