SCA Property Group (ASX:SCP)
SCA Property Group owns a diversified shopping centres portfolio located throughout Australia. The portfolio consists of 77 centres valued at $2,437.7 M as at 31 December 2017. SCA Property Group predominantly focuses on convenience retailing through its ownership and management of a quality portfolio of neighbourhood and sub-regional shopping centres and freestanding retail assets. Over time, this asset class has proven to be resilient due to its exposure principally to non-discretionary retail tenants. Convenience-based assets have a strong weighting to food sales through grocery-based anchors such as supermarkets.