Vicinity Centres

VCX

AU000000VCX7

Commercial REITs

Market Closed - Australian S.E. Other stock markets 12:10:51 2025-01-13 am EST			5-day change	1st Jan Change
2.100 ^AUD	-1.41%		-2.33%	0.00%

Dec. 20	Australian Shares End Week Lower Amid US Inflation Jitters; Wesfarmers Agrees to Sell Coregas to Nippon Sanso Unit	MT
Dec. 20	Vicinity Centres Fetches AU$457 Million via Asset Disposals in Fiscal 2025	MT

Vicinity Centres acquired 50% stake in Lakeside Joondalup Shopping City for AUD 420 million.

August 19, 2024

Vicinity Centres (ASX:VCX) acquired 50% stake in Lakeside Joondalup Shopping City for AUD 420 million on August 19, 2024. The transaction is being funded by a mix of existing debt facilities and asset divestment proceeds.

For the period ending December 31, 2023, Lakeside Joondalup Shopping City reported total revenue of AUD 800 million.

Vicinity Centres (ASX:VCX) completed the acquisition of 50% stake in Lakeside Joondalup Shopping City on August 19, 2024.

Latest news about Vicinity Centres

Australian Shares End Week Lower Amid US Inflation Jitters; Wesfarmers Agrees to Sell Coregas to Nippon Sanso Unit	Dec. 20	MT
Vicinity Centres Fetches AU$457 Million via Asset Disposals in Fiscal 2025	Dec. 19	MT
Nikos Property Group Pty Ltd. agreed to acquire 50% stake in Roselands Shopping Centre from Vicinity Centres.	Dec. 19	CI
Nikos Property Group Pty Ltd. agreed to acquire 50% stake in Carlingford Court from Vicinity Centres.	Dec. 19	CI
Nikos Property Group Pty Ltd. agreed to acquire 50% stake in Elizabeth City Centre from Vicinity Centres.	Dec. 19	CI
Vicinity Centres Announces Retirement of Clive Appleton from the Board, Effective 29 October 2024	24-09-08	CI
CLSA Upgrades Vicinity Centres to Outperform From Hold; Price Target is AU$2.33	24-08-21	MT
Vicinity Centres Acquires 50% Stake in Lakeside Joondalup for AU$420 Million	24-08-19	MT
Vicinity Centres, 2024 Earnings Call, Aug 20, 2024	24-08-19
Vicinity Centres Posts Fiscal 2024 Revenue Up 3.3% to AU$1.32 Billion, Adjusted FFO of AU$0.1234 Per Security	24-08-19	MT
Vicinity Centres Reports Earnings Results for the Full Year Ended June 30, 2024	24-08-19	CI
Vicinity Centres acquired 50% stake in Lakeside Joondalup Shopping City for AUD 420 million.	24-08-19	CI
The Star Entertainment Group Limited Announces Executive Changes	24-06-30	CI
Scentre Joins Investment Bank for Stake in Tea Tree Plaza	24-06-21	CI
Fawkner Property Pty Ltd acquired The Pilbara region complex on Karratha City in northern Western Australia from Vicinity Centres and Challenger Life Company Limited for AUD 95.9 million.	24-06-03	CI
Vicinity Centers Posts 1.6% Growth in Portfolio Retail Sales in Fiscal Q3	24-05-01	MT
Realside Asset Management Pty Ltd agreed to acquire Maddington Central from Vicinity Centres.	24-04-16	CI
Vicinity Centres completed the acquisition of remaining 49% stake in Chatswood Chase Sydney.	24-03-14	CI
Vicinity Centres, H1 2024 Earnings Call, Feb 15, 2024	24-02-14
Vicinity Centres Reports Earnings Results for the Half Year Ended December 31, 2023	24-01-29	CI
Fawkner Property Pty Ltd and PAG acquired Perth shopping centre Midland Gate from Vicinity Centres for approximately $ 470 million.	23-11-01	CI
Vicinity Centres, Vicinity Centres Trust - Shareholder/Analyst Call	23-10-31
The JY Group agreed to acquire Roxburgh Village in Victoria from Vicinity Centres for AUD 123 million.	23-10-30	CI
Vicinity Centres agreed to acquire remaining 49% stake in Chatswood Chase Sydney for approximately AUD 310 million.	23-10-30	CI
Vicinity Centres to Acquire the Remaining 49% Interest of Chatswood Chase Sydney	23-10-30	CI

Chart Vicinity Centres

Duration

Period

VCX: Dynamic Chart

Company Profile

Vicinity Centres is an Australia-based retail property company with a fully integrated asset management platform, and $23 billion in retail assets under management. The Companyâs principal activities include investment in a portfolio of retail investment properties. It owns and manages retail destinations across Australia and offers a range of retail, residential, and office spaces. It has a direct portfolio with interests in approximately 56 shopping centers (including the DFO Brisbane business) and manages 29 assets on behalf of Strategic Partners, 28 of which are co-owned by the Group. Its properties include Bankstown Central, Bayside, Buranda Village, Chadstone, DFO Perth, Emporium Melbourne, Queen Victoria Building, QueensPlaza, and The Glen. Its development properties include One Middle Road, Chadstone, Bankstown Central, Victoria Gardens, Box Hill Central, and Chatswood Chase Sydney. Its retail solutions include advertising, brand activations, leasing, and pop-up retail.

Employees

1,257

Sector

Commercial REITs

Calendar

2025-02-11 - Q2 2026 Earnings Release (Projected)

More about the company