Big box Aventus centres defy the downturn
Nick LenaghanProperty editor
Key Points
- Revenue ($m) 169.9, up 1.6%
- Pre-tax profit ($m) 1.8, up-110.2%
- Net profit ($m) 0.7, down-95.4%
- No final dividend
Aventus Group has notched up the best rent collection rate during the pandemic for retail landlords so far with its portfolio of homemaker centres retaining their appeal for shoppers.
Through the height of the coronavirus-caused disruption, from the start of March until the end of June, Aventus collected 87 per cent of billed rent.
Loading...
Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts. Connect with Nick on Twitter. Email Nick at nlenaghan@afr.com
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Commercial
Fetching latest articles