Westfield shopping centres operator Scentre has swung to a half-year profit of $400.4 million as customer traffic rebounded when lockdowns eased in the first half of the year.
Investors in Westfield-owners Scentre Group have served a 'first strike' on executives' pay, after the company leaders produced a full-year loss and reduced final dividend.
Westfield shopping centres operator Scentre Group and property company Stockland have both reported write downs on the values of their assets, pointing to the impacts of COVID-19.