Scentre Group (ASX:SCG) and Barrenjoey Private Capital Management Pty Limited agreed to acquire 50% stake in Adelaide?s Westfield Tea Tree Plaza and a small adjoining centre for approximately AUD 310 million on June 20, 2024. A cash consideration of AUD 308 million will be paid by Scentre Group and Barrenjoey Private Capital Management Pty Limited. As part of consideration, AUD 308 million is paid towards assets of Adelaide?s Westfield Tea Tree Plaza and a small adjoining centre.