Australia's Scentre Group falls on skirting around plans for Brisbane shopping centre

Dexus

22/10/2025 02:21

** Shares of property developer Scentre Group SCG.AX fall as much as 1.4% to A$4.11, on track for worst session since October 7

** Co responds to media report on stake sale of its Westfield Chermside shopping centre in Brisbane

** Says it continues to evaluate strategic opportunities including introduction of joint venture partners for the asset, no other details

** Stock up 20.3% YTD

 (Reporting by Jasmeen Ara Shaikh in Bengaluru)

 ((Jasmeenaraislam.Shaikh@thomsonreuters.com;))