Vicinity Centres
VCX
Company Profile
Business description
Vicinity Centres was created after the merger of Federation Centres and Novion in June 2015, creating one of Australia's largest retail REITs. Its directly and indirectly owned assets have a book value of about AUD 15 billion at the end of June 2024. The assets are skewed to large, high-end shopping centers, with about half in major regional malls, a fifth in subregional, 15% in CBD locations, and about 15% in outlet centers.
Contact
1341 Dandenong Road
Level 4
Chadstone Tower One
Chadstone
MelbourneVIC3148
AUST: +61 370014000
Sector
Real Estate
Stock type
Cyclical
Industry
REIT - Retail
Fiscal Year End
30 June 2025
Employees
1,266
Morningstar Investment Ideas
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