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
    AUS

    T: +61 370014000

    E: [email protected]

    https://www.vicinity.com.au

  • Sector

    Real Estate

    Stock type

    Cyclical

  • Industry

    REIT - Retail

    Fiscal Year End

    30 June 2025

    Employees

    1,266

Vicinity Centres News & Analysis

stocks

Is value emerging in retail REITs?

Retail faces headwinds but there may be opportunities in these unloved shares. 
stocks

Getting exposure to Australia's most iconic malls through the sharemarket

Listed property trusts are an affordable option for private investors wanting to own a slice of Australia's best shopping centres. But are they a good idea?
stocks

A mixed bag for REITs

It was a solid result for REITs in the earnings season, but investors will need to be selective as the sector confronts a market of rising interest rates. 

Morningstar Investment Ideas

Markets

Index
Last price
Change
% Change
All Ordinaries8,427.60110.901.33%
CAC 407,274.4819.89-0.27%
DAX 4019,884.7585.11-0.43%
Dow JONES (US)42,840.26498.021.18%
FTSE 1008,084.6120.71-0.26%
HKSE19,857.98137.280.70%
NASDAQ19,572.60199.831.03%
Nikkei 22539,052.10350.200.90%
NZX 50 Index12,988.0383.920.65%
S&P 5005,930.8563.771.09%
S&P/ASX 2008,176.90109.901.36%
SSE Composite Index3,374.996.920.21%

Market Movers