NewsBite

HomeCo, Aventus on the rise as large-format malls defy downturn

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Home Consortium has bucked the trend of declining mall values, booking a 5.2 per cent boost to the value of its portfolio of 30 large-format convenience centres.

Preliminary unaudited valuations lifted the book value of HomeCo's portfolio by $49 million to $1.014 billion as of June 30.

Loading...
Larry Schlesinger writes on real estate, specialising in commercial and residential property. Larry is based in our Melbourne newsroom. Connect with Larry on Twitter. Email Larry at larry.schlesinger@afr.com

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Read More

Latest In Commercial

Fetching latest articles

Most Viewed In Property

    Original URL: https://www.afr.com/property/commercial/homeco-aventus-on-the-rise-as-large-format-malls-defy-downturn-20200623-p5558p