Vicinity Centres

VCX

AU000000VCX7

Commercial REITs

Market Closed - Australian S.E. Other stock markets 11:40:21 14/06/2024 am IST			5-day change	1st Jan Change
1.86 ^AUD	-1.33%		-4.12%	-8.82%

04/06	Fawkner Property Pty Ltd acquired The Pilbara region complex on Karratha City in northern Western Australia from Vicinity Centres and Challenger Life Company Limited for AUD 95.9 million.	CI
01/05	Vicinity Centers Posts 1.6% Growth in Portfolio Retail Sales in Fiscal Q3	MT

Vicinity Centres Appoints Adrian Chye as Chief Financial Officer, Effective 13 September 2021

September 13, 2021 at 04:34 am IST

Vicinity Centres announced the appointment of Mr. Adrian Chye as Chief Financial Officer, effective 13 September 2021. Mr. Chye joined CFSGAM Property (subsequently, Novion Property Group in May 2006, continuing with Vicinity through the merger of Federation Centres and Novion in 2015.

Latest news about Vicinity Centres

Fawkner Property Pty Ltd acquired The Pilbara region complex on Karratha City in northern Western Australia from Vicinity Centres and Challenger Life Company Limited for AUD 95.9 million.	04/06	CI
Vicinity Centers Posts 1.6% Growth in Portfolio Retail Sales in Fiscal Q3	02/05	MT
Vicinity Centres Provides Distribution Guidance for Full-Year	01/05	CI
Realside Asset Management Pty Ltd agreed to acquire Maddington Central from Vicinity Centres.	17/04	CI
Vicinity Centres completed the acquisition of remaining 49% stake in Chatswood Chase Sydney.	15/03	CI
Transcript : Vicinity Centres, H1 2024 Earnings Call, Feb 15, 2024	15/02
Vicinity Centres Reports 27% Increase in Fiscal H1 Net Profit; FFO, AFFO Decline	15/02	MT
Vicinity Centres Reports Earnings Results for the Half Year Ended December 31, 2023	30/01	CI
Fawkner Property Pty Ltd and PAG acquired Perth shopping centre Midland Gate from Vicinity Centres for approximately $ 470 million.	02/11	CI
Transcript : Vicinity Centres, Vicinity Centres Trust - Shareholder/Analyst Call	01/11
The JY Group agreed to acquire Roxburgh Village in Victoria from Vicinity Centres for AUD 123 million.	31/23/31	CI
Vicinity Centres agreed to acquire remaining 49% stake in Chatswood Chase Sydney for approximately AUD 310 million.	31/23/31	CI
Vicinity Centres to Acquire the Remaining 49% Interest of Chatswood Chase Sydney	31/23/31	CI
An unknown buyer acquired Broadmeadows Homemaker Centre in Melbourne from Vicinity Centres for AUD 20 million.	05/23/05	CI
Vicinity Centres Fiscal 2023 Profit Falls on Property Revaluation Decrement; Shares Up 3%	16/23/16	MT
Transcript : Vicinity Centres, 2023 Earnings Call, Aug 16, 2023	16/23/16
Vicinity Centres Declares Distribution for the Six-Month Ended June 30, 2023, Payable on September 11, 2023	16/23/16	CI
Vicinity Centres Reports Earnings Results for the Full Year Ended June 30, 2023	16/23/16	CI
Nikos Property Group Pty Ltd. completed the acquisition of 50% stake in Broadmeadows Central from Vicinity Centres.	30/23/30	CI
Nikos Property Group Pty Ltd. agreed to acquire 50% stake in Broadmeadows Central from Vicinity Centres for approximately AUD 130 million.	01/23/01	CI
Australian commercial property holding up against higher interest rates	17/23/17	RE
Vicinity Centres' Fiscal H1 Profit Plunges 73%	15/23/15	MT
Vicinity Centres Fiscal H1 Profit Down on Property Revaluation Decrement	15/23/15	MT
Transcript : Vicinity Centres, H1 2023 Earnings Call, Feb 15, 2023	15/23/15
Vicinity Centres Reports Earnings Results for the Half Year Ended December 31, 2022	15/23/15	CI

Chart Vicinity Centres

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Company Profile

Vicinity Centres is an Australia-based retail property company with a fully integrated asset management platform, and $23 billion in retail assets under management. The Companyâs principal activities include investment in a portfolio of retail investment properties. It owns and manages retail destinations across Australia and offers a range of retail, residential, and office spaces. It has a direct portfolio with interests in approximately 56 shopping centers (including the DFO Brisbane business) and manages 29 assets on behalf of Strategic Partners, 28 of which are co-owned by the Group. Its properties include Bankstown Central, Bayside, Buranda Village, Chadstone, DFO Perth, Emporium Melbourne, Queen Victoria Building, QueensPlaza, and The Glen. Its development properties include One Middle Road, Chadstone, Bankstown Central, Victoria Gardens, Box Hill Central, and Chatswood Chase Sydney. Its retail solutions include advertising, brand activations, leasing, and pop-up retail.

Sector

Commercial REITs

Calendar

20/08/2024 - Q4 2024 Earnings Release

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Ratings for Vicinity Centres

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ESG Refinitiv

B+

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

1.86 AUD

Average target price

2.089 AUD

Spread / Average Target

+12.32%

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