Scentre Group Sees Growth in Visitation and Sales Amid Strategic Investments
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Scentre Group (AU:SCG) reported a 3.1% increase in customer visitation at its Westfield destinations, with business partner sales reaching $29.5 billion. The company is focusing on strategic investments in redevelopments and new experiences to enhance its market position. Analysts rate SCG stock as a Buy with a price target of A$4.50. Scentre Group operates 42 Westfield locations in Australia and New Zealand, aiming to create appealing destinations for communities and businesses.
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