Shopping Centres Australasia Property Group RE Limited (ACN 158 809 851) (SCA Property Group) comprises two (2) registered managed investment schemes, Shopping Centres Australasia Property Management Trust (ARSN 160 612 626) (Management Trust) and Shopping Centres Australasia Property Retail Trust (ARSN 160 612 788) (Retail Trust). The units in each Trust are stapled to form the stapled listed vehicle, Shopping Centres Australasia Property Group (ASX code 'SCP').
SCA Property Group is internally managed. This structure is designed to enable a clear alignment of management interests to those of unitholders.
Shopping Centres Australasia Property Group RE Limited (ACN 158 809 851) is the responsible entity (AFSL 426603) to each of the Management and Retail Trusts. The responsible entity is a wholly-owned subsidiary of the Management Trust.
During 2015, SCA Unlisted Retail Fund RE Limited (ACN 604 416 284) (SURF RE) was incorporated as a wholly-owned subsidiary of SCA Management Trust, to be the responsible entity (AFSL 473459) for the Group's funds management business, including SURF 1, SURF 2 and SURF 3.
A simplified structure is shown below