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Vicinity Centres

VCX.AX

Latest Trade

1.68AUD

Change

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Today's Range

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 - 

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52 Week Range

1.21

 - 

1.78

As of on the Australian Stock Exchange Ltd ∙ Minimum 15 minute delay

Pricing

Previous Close
1.68
Open
--
Volume
--
3M AVG Volume
216.67
Today's High
--
Today's Low
--
52 Week High
1.78
52 Week Low
1.21
Shares Out (MIL)
4,552.20
Market Cap (MIL)
7,442.97
Forward P/E
14.01
Dividend (Yield %)
6.12

Next Event

Dividend For VCX.AX - 0.0660 AUD

Latest Developments

More

Vicinity Centres Announced A Proposed Final Distribution Per Security Of 6.6 Cents For 2021

Vicinity Centres Says Portfolio Retail Sales Down 7.0% In 3QFY21 Relative To 3QFY19

Vicinity Centres Targets FY Distribution Payout Ratio Of 95% To 100% Of AFFO

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About Vicinity Centres

Vicinity Centres is an Australia-based retail property company. The principal activities of the Company includes property investment, property management, property development, leasing and funds management. It operates through two segment: Property Investment and Strategic Partnerships. Property Investment comprises net property income derived from investment in retail property. Strategic Partnerships includes fee income from providing property management, development and leasing services to third parties, and management of wholesale property funds. Its portfolio includes various shopping center types, such as super regional, major regional, city Centre, regional, outlet center, sub regional and neighborhood. The Company’s portfolio includes 62 shopping centers. It owns and operates shopping centers across various locations, including New South Wales, Queensland, South Australia, Tasmania, Victoria and Western Australia.

Industry

Real Estate Operations

Contact Info

Chadstone Shopping Ctr

1341 Dandenong Road

PO Box 104

MELBOURNE, VIC

3148

Australia

+61.3.70014000

https://www.vicinity.com.au

Executive Leadership

Grant Kelley

Chief Executive Officer, Managing Director, Executive Director

Nicholas Schiffer

Chief Financial Officer

Peter Huddle

Chief Operating Officer

Ian Padgham

Acting Chief Information Officer

Carolyn Reynolds

General Counsel, Company Secretary

Key Stats

3.09 mean rating - 11 analysts
Sell
Hold
Buy
Revenue (MM, AUD)

2018

1.3K

2019

1.3K

2020

0.7K

2021(E)

0.7K
EPS (AUD)

2018

0.182

2019

0.180

2020

0.136

2021(E)

0.117
Price To Earnings (TTM)
--
Price To Sales (TTM)
6.41
Price To Book (MRQ)
0.74
Price To Cash Flow (TTM)
--
Total Debt To Equity (MRQ)
36.83
LT Debt To Equity (MRQ)
35.04
Return on Investment (TTM)
-16.28
Return on Equity (TTM)
-15.53

Latest News

Latest News

Office Space: Australia builds skyscrapers for a workforce stuck at home

(This July 31 story corrects to change references from Frasers Centrepoint to Frasers Property Australia in paragraphs 4 and 11. Removes reference to Dexus in paragraph 10)

Office Space: Australia builds skyscrapers for a workforce stuck at home

It was billed by the government as a kickstart to the coronavirus-stricken economy of Australia's biggest city: a new tech hub in a forest of skyscrapers built over 24 hectares (59 acres) of railyards in downtown Sydney.

Australian mall giant Vicinity to raise $932 million in virus cash dash

Australian No. 2 shopping mall manager Vicinity Centres <VCX.AX> cancelled its dividend on Monday and said it planned to raise A$1.4 billion ($932 million), underscoring pressure on the retail sector from the new coronavirus outbreak.

FACTBOX-Companies in Australia, NZ raise over $17 bln to tide over coronavirus crisis

* Interactive graphic tracking global spread of the coronavirus: open https://tmsnrt.rs/3aIRuz7 in an external browser * Interactive graphic showing a country-by-country tracker of the coronavirus: open https://tmsnrt.rs/2WZPuOh in an external browser * For a factbox detailing...

Australia's Vicinity Centres launches $932 mln equity raising

Property manager Vicinity Centres said on Monday it would raise A$1.2 billion ($799 million) via a security placement to weather the impact on the retail landscape from the COVID-19 pandemic.

BRIEF-Vicinity Centres To Reduce Costs In Response to COVID-19

* AS AT 4 MAY, 50% OF STORES OPEN, REPRESENTING 65% OF PORTFOLIO GROSS LETTABLE AREA

Aussie loan costs push higher

Australian companies are paying more for syndicated loans as banks face pressure on their own cost of funding, reversing a downward trend that had pushed pricing to a five-year low in 2019.

Coronavirus rocks Asia Pacific lending

Syndicated lending in Asia Pacific plunged to the slowest quarter in eight years as the coronavirus pandemic took its toll with several countries imposing lockdowns and grinding a range of business activities to a halt.

BRIEF-Vicinity Centres Says Withdraws FY20 Earnings And Distribution Guidance

* FY20 EARNINGS & DISTRIBUTION GUIDANCE WITHDRAWN FOLLOWING ESCALATION OF COVID-19 & INCREASED UNCERTAINTY SURROUNDING IMPACT

RPT-Australian companies count coronavirus cost as markets tumble

The coronavirus epidemic has prompted Australian firms to cut over $500 million from profit forecasts in the current financial year, a Reuters analysis showed, as a stock sell-off sparked by the outbreak wipes billions of dollars from company valuations.

Australian companies count coronavirus cost as markets tumble

The coronavirus epidemic has prompted Australian firms to cut over $500 million from profit forecasts in the current financial year, a Reuters analysis showed, as a stock sell-off sparked by the outbreak wipes billions of dollars from company valuations.

BRIEF-Vicinity Centres Says H2 FY20 Performance Expected To Be Impacted By Novel Coronavirus

* 2H FY20 PERFORMANCE EXPECTED TO BE IMPACTED BY NOVEL CORONAVIRUS

Deals of the day-Mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:

Australian shares end higher on iron ore rally; NZ gains

* Firms including CBA, AMP, Mirvac Group due to report results this week (Updates to close)

UPDATE 2-Singapore's Keppel Corp to set up Australian property fund with Vicinity Centres

Conglomerate Keppel Corp Ltd said on Monday a unit of its asset management arm had entered a memorandum of understanding with Australia's Vicinity Centres to establish a private fund.

Australia shares start results-heavy week up, materials gain; NZ up

Australian shares were up in Monday morning trade, as strength in iron ore prices drove up material stocks while investors were largely focused on earnings results due later in the week.

Singapore's Keppel Corp to set up Australian property fund with Vicinity Centres

Shipbuilder Keppel Corp Ltd said on Monday a unit of its asset management arm had entered a memorandum of understanding with Australia's Vicinity Centres to establish a private fund.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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