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
AUST: +61 282434900
Sector
Real Estate
Stock type
Cyclical
Industry
REIT - Retail
Fiscal Year End
30 June 2027
Employees
Region Group News & Analysis
stocks
Is value emerging in retail REITs?
stocks
Getting exposure to Australia's most iconic malls through the sharemarket
stocks
REITs well-positioned to weather higher rates: Morningstar
Morningstar Investment Ideas
Markets
Index | Last price | Change | % Change |
|---|---|---|---|
| All Ordinaries | 8,962.50 | 50.50 | -0.56% |
| CAC 40 | 8,377.86 | 4.57 | -0.05% |
| DAX 40 | 24,915.49 | 84.04 | -0.34% |
| Dow JONES (US) | 52,552.97 | 105.67 | -0.20% |
| FTSE 100 | 10,572.24 | 56.32 | 0.54% |
| HKSE | 24,373.42 | 635.18 | -2.54% |
| NASDAQ | 25,881.95 | 387.28 | -1.47% |
| Nikkei 225 | 63,630.56 | 3,204.98 | -4.80% |
| NZX 50 Index | 13,694.68 | 79.90 | 0.59% |
| S&P 500 | 7,533.77 | 38.63 | -0.51% |
| S&P/ASX 200 | 8,779.50 | 37.30 | -0.42% |
| SSE Composite Index | 3,758.60 | 123.81 | -3.19% |