The CEO of the country’s biggest suburban mall landlord says its business is at a turning point as it sees through the worst of high inflation and reported a modest uplift of almost 1 per cent in the value of its $4.3 billion portfolio.
Led by Anthony Mellowes, Region Group, is finely tuned to the consumer economy with its 88 convenience-focused malls, dominated by supermarket giants Coles and Woolworths.
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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