Region Group (SCPAF)
Region Group operates in the REIT - Retail industry of the Real Estate sector, headquartered in Sydney, NSW, AU. The stock last traded at $1.55, up 0.00% on the session, giving a market capitalisation of $1.78B. On trailing twelve-month figures it carries a trailing P/E of 9.19, a net margin of 55.0%. Its beta of 0.56 implies it has historically moved less than the broad market.
Region Group, formerly known as SCA Property Group (SCP), operates through two internally managed real estate investment trusts. It holds a portfolio of high-quality local and smaller regional shopping centres located throughout Australia. The group's investment strategy focuses on retail properties primarily anchored by non-discretionary retailers, which ensures stable, long-term lease agreements with major occupants like Woolworths Limited, Coles Group Limited, and various entities under the Wesfarmers Limited umbrella. This corporate structure is a stapled entity, consisting of the Shopping Centres Australasia Property Management Trust (ARSN 160 612 626) and the Shopping Centres Australasia Property Retail Trust (ARSN 160 612 788).
Region Group is most often compared with the following Real Estate names: