Business
Is the Scentre Group (ASX:SCG) share price set to recover after this update? – Motley Fool Australia
Is the Scentre Group (ASX: SCG) share price set to recover following an improvement in the company’s operational metrics this quarter?
The ScentreGroup(ASX: SCG) share price currently trades at more than a 40% discount to its pre-COVID levels. Lockdown measures took a serious toll on retail real estate investment trusts (REITs) like Scentre and Vicinity Centres(ASX: VCX) with factors such as rental disputes and the need to take on more debt weighing heavily on share prices. Could the Scentre Group’s Q3 operational update provide investors with the confidence that retail REITs are getting back on track?
Scentre Group operational…
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