Company
Vicinity Centres
Headquarters: Chadstone, VIC, Australia
Founded: 18 February 1985 as Jennings Properties Limited. Aggregate as CRF 14 December 2011. Re-branded as Vicinity Centres 21 October 2015.
Employees: 1,200
CEO: Mr. Grant Lewis Kelley L.L.B., M.B.A., M.Sc.
Market Cap
A$9.20 Billion
AUD as of Jan. 1, 2024
US$6.26 Billion
Vicinity Centres Categories
Australia Real Estate REIT—RetailAustralia Real Estate Australia REIT—Retail
Top Competitors by Market Capitalization
Industry: REIT—Retail
Sector:
| Company | Market Cap (USD) |
|---|---|
| Prologis, Inc. | $120.60 B |
| American Tower | $100.44 B |
| Equinix, Inc. (REIT) | $74.75 B |
| MAS Real Estate, Inc. | $65.45 B |
| Public Storage | $53.43 B |
Detailed Description
Vicinity Centres (Vicinity or the Group) is one of Australia's leading retail property groups. With a fully integrated asset management platform, and $24 billion in retail assets under management across 63 shopping centres, it is the second largest listed manager of Australian retail property. Vicinity has a Direct Portfolio with interests in 60 shopping centres (including the DFO Brisbane business) and manages 31 assets on behalf of Strategic Partners, 28 of which are co-owned by the Group. Vicinity is listed on the Australian Securities Exchange (ASX) under the code ÂVCX' and has over 28,000 securityholders. Vicinity also has European medium term notes listed on the ASX under the code ÂVCD'.
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Stocks & Indices
Vicinity Centres has the following listings and related stock indices.
Stock: ASX: VCX wb_incandescent
Stock: OTC: CNRAF wb_incandescent
Product & Services
Vicinity Centres (VCX), Retail property ownership and management
Key People
Grant Kelley (CEO) Trevor Gerber (Chairman)
Financials
Net income: $755.9m (Half Year ended 2017)
Total assets: $16.1 billion (as at 31 December 2017)