Scentre Group announces its seventh centre to achieve an MAT in excess of $1 billion

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Westfield Doncaster (Vic) hit $1b MAT in January 2023

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Shopping Centre News

March 26 2023

5min read

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Westfield Doncaster has celebrated a major milestone, surpassing $1 billion in Moving Annual Turnover (MAT) in January this year, for the first time.

Westfield Doncaster joins six other Westfield destinations that achieved the milestone in 2022, positioning Scentre Group as the owner of seven of the ten top-performing centres in the country.

According to SCN‘s latest Big Guns report, The Westfield centres that have exceeded $1 billion MAT sales include Westfield Chermside (Qld), Westfield Bondi Junction (NSW), Westfield Fountain Gate (Vic), Westfield Sydney (NSW), Westfield Miranda (NSW), Westfield Carindale (Qld) and now Westfield Doncaster (Vic).

Scentre Group Group Director Businesses, John Papagiannis said: “It’s pleasing to see seven of our Westfield destinations now surpass $1 billion in MAT Sales. Over the past 12 months, Westfield Carindale, Westfield Miranda and now Westfield Doncaster have attained this milestone for the first time.

“We continue to lead the industry in sales productivity, with seven of the top 10 performing centres in the country, Westfield centres.

Westfield Miranda, NSW

“The growth of sales across the Westfield platform is due to our sustained focus on driving customer visitation and curating the right mix of brands, in the right locations for our communities.

“By doing this, we’re able to create more opportunities for our business partners to interact with our customers,” adds Papagiannis.

In 2022, Westfield Doncaster attracted 14.8 million customers. The centre is home to 416 business partners and caters to a trade area population of over 740,000 residents.

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Shopping Centre News

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Shopping Centre News (SCN) is in the ‘information business’, and is perceived as such by its readers. Daily industry news makes shoppingcentrenews.com.au a must-visit as part of the morning routine for those who want to keep right across the latest retail developments and events, while SCN's premium magazine is the leading publication for the shopping centre industry in Australia and New Zealand. Known as the ‘industry bible’ SCN is printed five times a year with fascinating, in-depth features and important critical analysis written by known industry insiders as well as the popular ‘Guns’ reports, which ranks Australian shopping centre performances. Shopping Centre News is the only publication in the world that features centre statistics on Turnover, Turnover per square metre and Specialty Shop turnover per square metre for every major centre in Australia.
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