ASX Announcements
Notification regarding unquoted securities - VCX
Appendix 3G (Notification of Issue, Conversion or Payment up of Unquoted Equity Securities)
- Sep 13, 2024
- 7 pages
Change of Director's Interest Notice - Peter Huddle
Change of Director’s Interest Notice
- Sep 13, 2024
- 4 pages
Vicinity Centres Trust Annual Financial Report
Full Year Accounts, Full Year Audit Review, Full Year Directors' Statement, Full Year Directors' Report
- Aug 20, 2024
- 50 pages
August
- Results Wrap
- Chanticleer
Dexus’ big move and the other result that caught our eye
Dexus gives itself more wriggle room, Reliance Worldwide gets investor hearts racing, and Vicinity Centres goes further upmarket.
- James Thomson and Anthony Macdonald
Chadstone owner Vicinity beats guidance as occupancy rates rise
The mall landlord reported operating earnings of 14.6¢ per security after saying in February that it would hit the top end of its guidance of 14.5¢.
- Larry Schlesinger
June
Why this top 100 CEO goes undercover shopping
Melbourne’s Chadstone shopping centre showcases the very latest in fashion. It’s also a test case for how the big mall owners manage their vast real estate.
- Nick Lenaghan
Vicinity’s $96m exit at Pilbara mall opens door for syndicator
For Vicinity, the sale is the latest in a run of exits from smaller assets as it looks to drive an ambitious development program at its top malls.
- Campbell Kwan and Nick Lenaghan
May
Vicinity, ISPT offload WA mall for $70m, taking capital loss
The Halls Head Central shopping centre was once valued at $114 million.
- Campbell Kwan
Why Michael Hill chose Chadstone to sell $1m diamond earrings
Michael Hill’s global flagship store will open in Melbourne’s biggest mall Chadstone, and will include a $1m pair of yellow diamond drop earrings.
- Larry Schlesinger
April
Westfield, retailers at odds over pre-attack drills
Days after six people were fatally stabbed at a Westfield Bondi Junction, it has been revealed it did not perform drills on how to respond to such a threat.
- Campbell Kwan, Michael Bleby and Gus McCubbing
Vicinity sells suburban Perth shopping centre to Realside
Returns could be juiced up by the asset’s circa three hectares of vacant land.
- Sarah Thompson, Kanika Sood and Emma Rapaport
March
- Opinion
- Chanticleer
What it’s really like inside a fund manager’s morning meeting
Chanticleer was given a rare look inside the morning meeting of Yarra Capital Management’s equity team. Here are four big themes that emerged.
- James Thomson
February
Mall owner Vicinity locks in retail rebound
The shopping centre landlord took advantage of stronger than expected retail conditions to lock in higher rents, improving its earnings guidance as a result.
- Nick Lenaghan
More staff expected back in office: Lendlease, Seek, SBS chairmen
Senior directors are predicting an increase in office attendance the coming months as benefits of spending time in the workplace increase for workers.
- Sally Patten and Patrick Durkin
November 2023
How online shopping has changed what’s in malls
In 2025, David Jones will hand back plenty of space at Westfield Bondi Junction. The silver lining is an opportunity to find new ways of enticing shoppers.
- Campbell Kwan
October 2023
Vicinity sold Chatswood Chase stake for $562m, buys it back for $307m
Vicinity buys back a half stake in Sydney’s Chatswood Chase mall at a 45 per cent discount, six years after trading it to Singapore’s GIC, a sign of how values have corrected.
- Nick Lenaghan
September 2023
Vicinity-run WA mall sells for less than $500m hopes
Perth’s Midland Gate has been sold to Hong Kong’s PAG for less than $500 million after languishing on the market for 18 months.
- Campbell Kwan
Big malls languishing on the market – for years
A mismatch between the value expectations of sellers and buyers has left $2.5 billion worth of shopping centres unsold. The dry season may be ending.
- Campbell Kwan
Vicinity hunts capital partner for $1b build-to-rent focused platform
Potential backers are being told Vicinity would consider tipping in its Buranda Village retail precinct, located five kilometres from the Brisbane CBD.
- Sarah Thompson, Kanika Sood and Emma Rapaport
August 2023
Some REITs will weather the slowdown
Australian real estate investment trusts have weathered huge recent challenges. If things can’t get worse, are they about to get better?
- Jeremy Chunn
Rising rates spur big write-downs for office, retail landlords
The damage from devaluations has been worst in the office sector, where weak CBD demand and the work from home trend means scant rental growth to offset values.
- Nick Lenaghan, Michael Bleby and Campbell Kwan
- Opinion
- Chanticleer
What we learnt: Transurban, Bapcor, Vicinity Centres, debt costs
The Chanticleer team examine Transurban’s nifty interest rate win, Bapcor’s staff turnover and who’s stopped spending at Vicinity Centres’ malls.
- Anthony Macdonald and James Thomson
Retail sales to slide after year of surprising resilience
The shopping centre owner’s new CEO, Peter Huddle, says the company is in a sound position, but inflation and rising interest rates are beginning to bite.
- Campbell Kwan