Scentre Group · ASX:SCG
Scentre — Q1 2022 Earnings Presentation
9 slides from Scentre's earnings presentation, May 2022
Slide 1: Q1 Operational Update 2022
Appendix Q1 Operational Update | 2022 Westfield Mt Druitt, NSW New dining and entertainment precinct
Slide 2: Customer Visitation
Customer Visitation 1 Average visitation across the portfolio continues to grow Weekly Customer Visitation since Jan 2021 140 120 Customer visitation is 112% of 2021 or 100 116% excluding CBD centres. 80 Customer visitation is 88% of 2019 or 92% excluding CBD centres. 60 40 20 Delta Total Portfolio
Slide 3: Specialty Rent
Specialty Rent Long-term leases with inflation linked Leasing deal activity annual rent escalations New Merchants Renewals 311 Average annual rent 80% of escalations of Specialty Leases 112 CPI + 2% 159 20% of Average annual rent Specialty Leases escalations of 90 4% fixed 66 199 35 69 31 Jan Feb Ma
Slide 4: Sales (Comparable)
Sales (Comparable) Comparable Growth vs 20191 Total Majors and Specialty sales were 11.2% higher for the month of March and 7.1% higher for the quarter. Specialty sales were 11.4% higher for the month of March and 6.0% higher for the quarter. Majors sales were 11.0% higher for the month of March and
Slide 5: Sales (Total Portfolio)
Sales (Total Portfolio) Total Portfolio Growth vs 2019 Total Majors and Specialty sales were 7.6% higher for the month of March and 3.1% higher for the quarter. Specialty sales were 7.9% higher for the month of March and 2.3% higher for the quarter. Majors sales were 7.1% higher for the month of Mar
Slide 6: Sales (Total Portfolio)
Sales (Total Portfolio) Total Portfolio Growth vs 2021 Total Majors and Specialty sales were 4.2% higher for the month of March and 0.8% higher for the quarter. Specialty sales were 5.4% higher for the month of March and 1.0% higher for the quarter. Majors sales were 2.2% higher for the month of Mar
Slide 7: Developments
Developments Active project Westfield Knox, VIC Overview Project Cost $355m (SCG share: $177.5m) Commencement Q1 2022 Completion 2022 / 2023 Highlights Incremental Project GLA 4,000sqm Westfield Knox, VIC Completed Centre GLA 144,810sqm Offering Introducing a diverse mix of premium fashion and lifes
Slide 8: Interest Rate Hedging
Interest Rate Hedging As at 11 May 2022 Hedge Maturity Profile1,2 12.0 $ billion The Group has restructured its interest rate 10.0 hedging profile to increase hedging in 2023 and 3 Mth3 2024. 8.0 BBSW 0.93% Interest rate hedging at January 2023 has 50% 6.0 increased from 50% to approximately 65%2, w
Slide 9: Important Notice
Important Notice All amounts in Australian dollars unless otherwise specified. The financial information included in SCENTRE GROUP LIMITED ABN 66 001 671 496 this document is based on the Scentre Group’s IFRS financial statements. Non IFRS financial information included in this document has not been