SCA Property valuations show decline

SCA Property Group says the total value of its investment properties has decreased by $6.1 million to $3.147 billion. Fifteen of the properties were independently valued. The remaining 70 properties were internally valued. Sub-regional properties were particularly hard hit, decreasing in value by $5.5 million, whereas the value of neighbourhood centres decreased by $600,000. SCA is an independently managed real estate investment trust (REIT) listed on the Australian Securities Exchange. Assets i

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