Report
Tony Sherlock

No Compelling Catalyst Coming for Retailers in SCA Property Portfolio. FVE Unchanged at AUD 2.22

SCA Property Group doesn’t provide quarterly sales results, but it's possible to glean how its tenants are likely to be performing from peers. In this regard, sales data from landlord peers and the supermarket giants for the quarter-ending March 2018 reveals bricks-and-mortar categories are growing sales at a modest rate. Apparel and jewellery sales are weak across the board, which is not a major issue for SCA Property as it has very few fashion tenants. The only strongly performing category of ...
Underlying
Shopping Centres Australasia Property Group RE Ltd.

Shopping Centres Australasia Property Group is an internally managed real estate investment trust. Co. is comprised of Shopping Centres Australasia Property Group Re Limited, the responsible entity to the Shopping Centres Australasia Property Management Trust and Shopping Centres Australasia Property Retail Trust. The units of each Trust are stapled together to form a stapled listed vehicle. Co. owns and manages a portfolio of sub-regional and neighbourhood shopping centres and freestanding retail assets. Co.'s portfolio is focused on convenience retailing. As of June 30 2016, Co. had a total of 83 operating properties, including 69 in Australia and 14 in New Zealand.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Tony Sherlock

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch