Scentre Group reports 4.4% FFO growth to $612 million

Scentre Group reported a 4.4% increase in Funds from Operations (FFO) to $612 million for the first six months of 2026. Following this performance, the company upgraded its FFO guidance for the second half of the year to at least 12.06 cents per security.

The Group’s statutory profit for the period reached $975 million, bolstered by a $478 million increase in unrealised property valuations. As of June 30, 2026, the total portfolio value stood at $33.7 billion. CEO Elliott Rusanow noted that Westfield destinations saw 347 million customer visitations in the first half of the year, a 3.5% increase compared to the previous period.