Vicinity Centres is an Australian real estate investment trust that owns, manages, and develops shopping centres across Australia. It earns most of its income from rental revenue from a portfolio of over 50 centres, plus fees from property management and development, car parking, media, and advertising. The company uses a fully integrated asset management platform to handle leasing, property management, and development, and it is transforming retail locations into mixed-use precincts by adding residential, office spaces, and hotels. Its goal is to maximize asset value and grow net property income and funds from operations by expanding its mixed-use portfolio and optimizing existing assets, led by CEO Peter Huddle since 2023.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Melbourne, Australia
Founded
2015
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