Resilient Retail Sales Figures in Vicinity Centres' First-Half Earnings

Vicinity Centres’ portfolio includes a wide variety of Australian retail property assets. Its largest asset is 50% ownership of Chadstone in Melbourne, which represents about AUD 3 billion of the AUD 15 billion portfolio at the end of December 2024. Central business district assets make up about 15% of the portfolio, including Sydney’s Queen Victoria Building, Strand Arcade, The Galeries, Brisbane’s QueensPlaza and Uptown, and Melbourne’s Myer Bourke Street and Emporium. Vicinity also owns factory outlet centers and suburban and country shopping centers, such as Armidale and Warriewood in Sydney, Buranda and Gympie in Queensland, Box Hill and Broadmeadows in Melbourne, and Mandurah and Rockingham in Western Australia.