Scentre Group’s NZ property income falls 13.8%
Scentre Group, which owns Westfield shopping centres, reported a 13.8% drop in net property income from its New Zealand operations in the first half of 2026.
Scentre Group has reported declining financial performance from its New Zealand property portfolio. The owner of Westfield shopping centres released its half-year results covering the period to 30 June 2026, showing a significant decrease in net property income from the local segment.
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Westfield owner Scentre Group NZ property income falls 13.8%
Owner of Westfield shopping centres, Scentre Group, has reported a decrease in net property income from its New Zealand segment for the first half of 2026. Scentre Group Trust released its half-year financial reports for the period until June 30,…