Vicinity Centres
VCX
Company Profile
Business description
Vicinity Centres was created after the merger of Federation Centres and Novion in 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 40% in super and major regional malls, a fifth in subregional, 15% in central business district 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
Stocks 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 Ordinaries | 8,195.50 | 10.00 | 0.12% |
CAC 40 | 7,916.08 | 74.03 | -0.93% |
DAX 40 | 22,461.52 | 217.22 | -0.96% |
Dow JONES (US) | 41,583.90 | 715.80 | -1.69% |
FTSE 100 | 8,658.85 | 7.27 | -0.08% |
HKSE | 23,426.60 | 152.20 | -0.65% |
NASDAQ | 17,322.99 | 481.04 | -2.70% |
Nikkei 225 | 37,120.33 | 679.64 | -1.80% |
NZX 50 Index | 12,287.46 | 18.33 | -0.15% |
S&P 500 | 5,580.94 | 112.37 | -1.97% |
S&P/ASX 200 | 7,982.00 | 13.00 | 0.16% |
SSE Composite Index | 3,351.31 | 22.44 | -0.67% |