Region Group

Company Profile

• Business description

  Region Group specializes in leasing out convenience-focused properties that offer everyday goods and services. More than half of the rent is derived from specialty tenants, which are mostly non-discretionary, such as food and liquor, pharmacy and healthcare, and general services. Typically, specialty rent increases at a fixed rate of 4% per year. In contrast, anchor leases, which contribute the other half of Region’s rental income, grows at a slower pace. Among anchor tenants, 50% pay a base rent plus a percentage of their sales turnover, and 50% pay a constant base rent which is usually reviewed every five years. Region’s development pipeline is relatively small. The group typically undertakes development on behalf of a capital partner, or upgrades and refurbishes existing centers.

• Contact

  50 Pitt Street
  Level 6
  SydneyNSW2000
  AUS

  T: +61 282434900

  E: [email protected]

  https://www.regiongroup.au

• Sector

  Real Estate

  Stock type

  Cyclical

• Industry

  REIT - Retail

  Fiscal Year End

  Employees