Vicinity Centres
Company Profile
Business description
Vicinity Centres operates over 50 shopping malls in Australia. They include several iconic city centers, like Queen Victoria Building, The Strand Arcade and The Galeries in Sydney, which are frequented by tourists and office workers nearby. Melbourne’s Chadstone, Vicinity’s crown jewel, is Australia’s largest and highest turnover shopping mall. Smaller regional and neighborhood centers, to which Vicinity is consciously trimming exposure, account for around 15% of the portfolio. Vast majority of Vicinity’s income is derived from rents. The group also earns small management fees for managing properties and development projects on behalf of capital partners.
Contact
1341 Dandenong Road
Level 4
Chadstone Tower One
Chadstone
MelbourneVIC3148
AUST: +61 370014000
Sector
Real Estate
Stock type
Cyclical
Industry
REIT - Retail
Fiscal Year End
30 June 2025
Employees
1,266
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