View all Stories
11 May 2020

Scentre Group March 2020 Quarterly Operational Update

Save as PDF

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

Click here for the full 1st Quarter Operational Update