Vicinity Centres (CNRAF)
Vicinity Centres operates in the REIT - Retail industry of the Real Estate sector, headquartered in Chadstone, VIC, AU. The stock last traded at $1.85, up 0.00% on the session, giving a market capitalisation of $8.58B. On trailing twelve-month figures it carries a trailing P/E of 9.21, a net margin of 98.6%. Its beta of 0.83 implies it has historically moved less than the broad market.
Vicinity Centres, also known as Vicinity or the Group, stands as one of Australia's premier retail property groups. Leveraging a fully integrated asset management platform, the company oversees a substantial portfolio valued at A$24 billion in retail assets, encompassing 63 shopping centres. This extensive management firmly establishes it as the second-largest publicly traded manager of Australian retail real estate. Its direct holdings include interests in 60 shopping centres, notably the DFO Brisbane operation. Furthermore, Vicinity supervises 31 properties on behalf of strategic partners, co-owning 28 of these assets. Publicly listed on the Australian Securities Exchange (ASX) with the ticker 'VCX', Vicinity is supported by more than 28,000 securityholders. Additionally, the company's European medium-term notes are also traded on the ASX, identified by the code 'VCD'.
Vicinity Centres is most often compared with the following Real Estate names: