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3 stories mentioning ASX:VCX

Every FINWIRES story that references ASX:VCX, newest first.

Asia

Vicinity Centres Appoints Patrick Allaway as Chairman-Elect as Trevor Gerber Announces Retirement

Vicinity Centres (ASX:VCX) said independent non-executive chairman Trevor Gerber intends to retire from the board at the 2026 annual general meeting on Oct. 28, with Patrick Allaway appointed as a non-executive director and chairman-elect effective June 15, according to a Monday Australian bourse filing.The company said Allaway will succeed Gerber as chairman at the conclusion of the meeting, subject to his election as a director by security holders.Allaway is currently a member of the Adobe International Advisory Board, having previously served as chairman of Bank of Queensland (ASX:BOQ) and as a non-executive director of Allianz Australia, Dexus Funds Management, Macquarie Goodman Industrial Trust, and Metcash (ASX:MTS), among others, it added.

ASX:BOQASX:MTSASX:VCX
Asia

Vicinity Centres to Acquire New South Wales Hybrid Retail Asset for AU$400 Million

Vicinity Centres (ASX:VCX) agreed to acquire the Eastern Creek Quarter hybrid retail asset in New South Wales from Frasers Property for AU$400 million, according to a Friday filing with the Australian bourse.The transaction is expected to be settled on June 30, subject to securing the landlord's consent to the assignment of the underlying long-term ground leases, the filing said.

ASX:VCX
Asia

Vicinity Centres Reports Total Portfolio Retail Sales Growth in Fiscal Q3

Vicinity Centres (ASX:VCX) said that its total portfolio retail sales grew 3.4% in the fiscal third quarter, supported by mini-major growth of 3.7%, according to a Tuesday Australian bourse filing.The company reported total portfolio retail sales growth of 2.4% in the prior corresponding period, an earlier filing showed.On the back of resilient retailer demand, occupancy remained strong at nearly 100%, with leasing spreads at 5.1% and low holdovers of 3.1%.Specialty sales productivity increased to around AU$13,500 per square meter.The company reaffirmed its fiscal 2026 guidance, with funds from operations and adjusted funds from operations per security expected to be around the top end of the ranges of AU$0.15 to AU$0.152 and AU$0.128 to AU$0.13, respectively.

ASX:VCX