Region Group (RGN.AX)
Region Group operates in the REIT - Retail industry of the Real Estate sector, headquartered in Sydney, NSW, AU. The stock last traded at $2.38, down 0.83% on the session, giving a market capitalisation of $2.73B. Its beta of 0.61 implies it has historically moved less than the broad market.
Region Group is structured as a stapled entity comprising two internally managed Real Estate Investment Trusts (REITs): the Shopping Centres Australasia Property Management Trust (ARSN 160 612 626) and the Shopping Centres Australasia Property Retail Trust (ARSN 160 612 788). This Group holds a diverse portfolio of high-quality neighbourhood and sub-regional retail centres strategically located across Australia. A core component of Region Group's investment approach involves focusing on properties predominantly anchored by essential service (non-discretionary) retailers, ensuring robust income streams through long-term lease agreements with key tenants such as Woolworths Limited, Coles Group Limited, and various companies within the Wesfarmers Limited group.
Region Group is most often compared with the following Real Estate names: