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Westfield mall owner Scentre Group reports A$3.7b loss after property writedowns 24 Feb, 2021 01:37 AM 5 minutes to read New Zealand's biggest shopping centre owner, ASX-listed Scentre Group, suffered a A$3.7 billion full-year loss after the value of its malls was heavily written down. The mall landlord with five Westfield-branded New Zealand centres, today reported a statutory loss of A$3.7b for the year ending December 2020, due in large part to the A$4.2b hit to the value of its malls. The company said: "2020 reported sales and visitation have been impacted by the Covid p...