Establishment of SCA Property Group
•
Woolworths' Rationale for the Establishment of SCA
Property Group
Consistent with Woolworths' strategy of focusing on its
retailing business
•
Transaction releases $1.4 billion of property from
Woolworths' balance sheet in one, efficient transaction to
create SCA Property Group
Key benefits to Woolworths Shareholders
- Creates greater choice for investors
- Delivers Woolworths Shareholders an interest in a new
vehicle owning a quality portfolio of shopping centres
with a bias toward tenants that trade in the more
defensive non-discretionary segment of the retail
market
• SCA Property Group will be an independent and internally
managed REIT
Woolworths (
Epp ng Norti.
Woolworths
Swansea, NSW
Woolworths
liquor
Epping North, VIC
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