Scentre Group Trust 1, founded in 2014 and headquartered in Sydney, Australia, is a prominent retail property group focused on owning, developing, and managing retail real estate assets. The company primarily operates and manages a portfolio of significant shopping centers across Australia and New Zealand, catering to millions of visitors annually.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| SCGAU 4.03% 2035-06-18 HKDScentre Group Trust 1 | Australia | 2035-06-18 | 4.030 | 4.41 |
| SCGAU 6.50% 2031-05-01 AUDScentre Group Trust 1 | Australia | 2031-05-01 | 6.500 | 4.79 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Scentre Group Trust 1 began issuing bonds in 2015 to finance its growth and enhance its capital structure. Notably, in 2021, the company issued a substantial AUD 500 million bond with a yield of 2.75%, which was well-received by investors, reflecting strong demand and low yield levels in the retail sector. As of October 2023, its yields remain competitive within the industry, supported by the company's strategic asset management and operational focus, which have bolstered investor confidence amid shifting retail trends.