The company is looking to more than double its store footprint in New Zealand.
Neocrete was chosen from 70 companies around the world.
The move was to prevent further harm, Commerce Minister Andrew Bayly said.
Scentre Group's revenue has risen across its five shopping centres in New Zealand despite the value of its equity falling marginally.The group, which owns 51% of the Westfield shopping centres in Albany, Manukau, Newmarket, Riccarton and St Lukes, declared earnings for the si...