No Ad
No Ad

Woolworths boosts SCA Property annual results by 73pc


Carolyn Cummins, The Sydney Morning Herald

Woolworths, the major tenant of Shopping Centres Australasia, has helped boost the landlord's profit by 73 per cent to $319.6 million as the food-anchored group goes on the march for acquisitions with development opportunities.

Excluding non-cash and one-off adjustments for asset sales, the funds from SCA Properties' operations was $108.4 million, up by 8.3 per cent on the same period last year. 

Go to The Sydney Morning Herald and read the full story.

The Sydney Morning Herald
Share this article Twitter Facebook Email


Post a Comment

Name (optional):
Email Address (optional):
Captcha Image
Your Comment: