Chadstone pins hopes on $200m office tower
Billionaire John Gandel and Vicinity Centres are forging ahead with a huge expansion of the shopping centre that could house 2000 office workers.
Vicinity Centres
Vicinity cuts Chadstone value, warns on distribution
Times continue to be tough for shopping centres, with mall landlord Vicinity reducing the value of a key Victorian mall.
Malls crunched by lockdown worries
Morgan Stanley has warned of a lockdown hit on shopping mall owners, including Chadstone owner Vicinity Centres.
Mall fund spin-off ‘a Vicinity option’
The hot assets would be in demand from listed investors who have embraced them after the crisis
Mall boss stands with Dan on lockdowns
Victoria’s controversial lockdowns have won support from an unexpected quarter, with the boss of the owner of Melbourne’s biggest mall swinging in behind them.
Vicinity takes $570m mall hit as CBDs suffer
Cuts to the value of Vicinity’s shopping centre portfolio follow pandemic blows to CBDs, with more pain expected.
Harness the CBD multiplier effect
Recovery of our CBDs should be prioritised by state and local governments as a critical area, says Vicinity Centres chief Grant Kelley.
Vicinity payout as centres rebound
Retail property landlord Vicinity Centres is planning to pay a distribution for this half as it expects shoppers to return to its properties.
Vicinity in hunt for AMP property units
Shopping centre landlord Vicinity Centres is understood to be the latest property group that is looking to compete for AMP’s real estate platform.
Scentre pushes harder on rents
The owner of the local Westfield empire has fired a fresh shot in the battle between landlords and tenants, saying it collected 86 per cent of rents in August.
Mall values at risk as rents fall
The country’s biggest shopping centres are suffering sharp falls in values, amid predictions rents paid by retailers could fall 20pc.
Afterpay, Xero head for ASX 50
What are some key changes predicted by Morgan Stanley in the next quarterly rebalance of S&P Dow Jones Indices?
Vicinity Centres wears $1.8bn loss as lockdowns hit malls
The retail landlord could not give guidance due to ongoing uncertainty about centres in Victoria and the push to extend the leasing code to help tenants.
Chadstone mall owner’s eye-watering loss
The owner of some of Australia’s top shopping destinations has incurred a massive financial blow due to the economic downturn caused by coronavirus.
Vicinity to sell $1bn of malls
Vicinity Centres is set to sell up to $1 billion of smaller shopping centres and focus on flagship destination assets.
Vicinity plans $1bn asset sale
Vicinity will use the sale of smaller neighbourhood shopping malls worth up to $1bn to focus on its flagship centres.
Property fund pays $135m for centre
Property funds manager and developer Newmark Capital has snapped up a Melbourne shopping centre for $135m.
Vicinity ‘better off with spin-off’
Vicinity Centres would be better off listing its second-tier assets rather than selling them, Macquaire says.
Airport mall project goes ahead
Vicinity Centres is going ahead with a development at Perth Airport, despite a plane crash into its Essendon DFO mall.
Pullback offers chance to buy in
Following a golden seven-year period, 2017 has proven to be a reality check for listed property trusts.
Vicinity offloads shopping centres
Mall owner Vicinity Centres has finalised a deal to offload stakes in two shopping centres worth $224.6 million.
Gandel sells $500m Charter stake
Reclusive property billionaire John Gandel has sold his near $500m stake in the Charter Hall Group and its retail trust.
Bob Ell nabs Hyperdome
The low-profile, billionaire developer has beat local and offshore interests to take control of the Tuggeranong Hyperdome.
Vicinity seals $85m Qld sale
The John Gandel-backed retail property giant has revealed a sale to Asian tycoon Denis Jen.
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Original URL: https://www.theaustralian.com.au/topics/vicinity-centres/page/2