Carindale Property Trust (CDP.AX)
Carindale Property Trust operates in the REIT - Retail industry of the Real Estate sector, headquartered in Sydney, NSW, AU. The stock last traded at $5.47, up 0.00% on the session, giving a market capitalisation of $452.6M. Its beta of 0.13 implies it has historically moved less than the broad market.
Located approximately 12 kilometers southeast of Brisbane's city center, Westfield Carindale holds a prominent position in an affluent suburban area. It caters to a substantial trade catchment of around 690,000 individuals, offering convenient access facilitated by the nearby Gateway Motorway for residents across northern and southern regions. As a premier retail and lifestyle destination within the city, Westfield Carindale features a broad spectrum of well-known Australian retailers, including department stores like David Jones, Myer, and Harris Scarfe; major discount chains such as Big W and Target; supermarkets Coles, Woolworths, and ALDI; and technology giant Apple, alongside numerous premium fashion brands. The diverse offering is further enriched by an Event Cinemas complex and approximately 400 specialty stores, while the adjacent Carindale Home & Leisure Centre provides an additional option for bulky goods purchases.
Carindale Property Trust is most often compared with the following Real Estate names: