Scentre Group (ASX: SCG) owns and operates 41 Westfield shopping centres in Australia and New Zealand, with Scentre’s interest valued at $39.1 billion, many of the shopping centres are owned in partnership with property investment institutions. According to Scentre Group, more than 535 million visits were made to its centres in 2018.
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The S&P/ASX 200 (INDEXASX:XJO) is expected to follow a strong lead from US markets and open higher on Friday. NAB (ASX:NAB) and Scentre (ASX:SCG) shares are in the news.