About Us


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Our History


We began our journey as SCA Property Group (SCP), originally formed by Woolworths, to act as the landlord and manage 56 convenience-based retail properties valued at $1.4 billion, in growing neighbourhood and regional areas.

Woolworths transferred its ownership to SCP, which was then listed on the ASX as a separate-independent real estate investment trust in December 2012.


We acquired 7 mature neighbourhood centres, growing our portfolio to 72 shopping centres valued at $1.5 billion (includes New Zealand).


SCA Property Group launched its first retail fund, SCA Unlisted Fund No. 1 (“SURF 1”). Launched first retail fund “SURF 1” in July 2015. SURF 1 comprised of five non-core assets acquired from SCP for $60.9 million.


On 10 June 2016, we sold our portfolio of 14 shopping centres in New Zealand to Stride Property Group (NZX:STR). The sale was consistent with our strategy of divesting free-standing assets, and focusing on our Australian portfolio, which has a generally has a higher growth outlook.


We acquired a portfolio of 10 convenience-based shopping centres from Vicinity, located in NSW, QLD, VIC and WA, for $573.0 million (7.5% implied fully let yield).

During the latter part of the year, we also implemented a brand refresh.


It has been 10 years since we have listed and, in this time, our portfolio has grown to 91 convenience-based shopping centres valued at $4.46 billion*.

SCA Metro Fund joint venture with GIC successfully launched in April 2022 with a $284.5 million seed portfolio and acquired Beecroft in July 2022.

To support our vision and growth ambitions, we embarked on a name change and complete rebrand, which was revealed at our AGM on 23 November 2022. From 24 November 2022, we are now Region Group (ASX:RGN).

*As at 30 June 2022

Proposed Redevelopment and Expansion

Greenbank Town Centre – Proposed Redevelopment

We are seeking an amended development approval from Economic Development Queensland for a major expansion and revitalisation of the existing Greenbank Shopping Centre. We would appreciate if you would please take a moment to share your thoughts on the proposed plans.

How often do you currently shop at Greenbank Shopping Centre?*(Required)
Do you generally support the plans as described?*(Required)
Would you like us to keep in contact with you about the project?*(Required)