Scentre Group (ASX:SCG) announced its financial results for the 12 months ended Dec. 31, 2025, detailing a period of significant operational growth and increased physical engagement across its portfolio.
The group reported funds from operations of $1.19 billion, representing 22.82 cents per security. The figure reflects a 4.9% increase compared to the previous year.
Statutory profit for the period was recorded at $1.78 billion, while distributions to securityholders rose by 3.4% to $923 million, or 17.72 cents per security.
The group’s performance was bolstered by a surge in consumer activity at its 42 Westfield destinations throughout Australia and New Zealand.
Total customer visitations reached 540 million, an increase of 14 million (2.7%) over 2024 levels.
The momentum appears to have carried into the new year, with visitation for the first 53 days of 2026 already up 3.1% compared to the same period in 2025.
Business partners operating within Scentre Group destinations achieved record sales of $30 billion during 2025, a $1 billion or 3.6% increase over the prior year.
High demand for retail space has pushed portfolio occupancy to 99.8%, the highest level the group has seen since 2013.
CEO Elliott Rusanow attributed the results to a strategy focused on increasing economic activity and better utilising land holdings.
He noted that 2025 marks the fifth consecutive year of earnings and distribution growth, with expectations for continued expansion in the years ahead.