Vicinity Centres
ASX:VCX

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Vicinity Centres
ASX:VCX
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Price: 2.1 AUD 1.45% Market Closed
Market Cap: 9.6B AUD
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Vicinity Centres
PP&E Net

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Vicinity Centres
PP&E Net Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company PP&E Net CAGR 3Y CAGR 5Y CAGR 10Y
Vicinity Centres
ASX:VCX
PP&E Net
AU$29.2m
CAGR 3-Years
-1%
CAGR 5-Years
23%
CAGR 10-Years
17%
S
Shopping Centres Australasia Property Group Re Ltd
ASX:SCP
PP&E Net
AU$10.6m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
BWP Trust
ASX:BWP
PP&E Net
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Scentre Group
ASX:SCG
PP&E Net
AU$91.5m
CAGR 3-Years
-7%
CAGR 5-Years
-7%
CAGR 10-Years
N/A
Home Consortium Ltd
ASX:HMC
PP&E Net
AU$3.9m
CAGR 3-Years
141%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
R
Region Re Ltd
ASX:RGN
PP&E Net
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

Vicinity Centres
Glance View

Market Cap
9.6B AUD
Industry
Real Estate
Economic Moat
None

In the bustling landscape of Australian retail real estate, Vicinity Centres has carved out a significant presence as one of the leading retail property groups. Born from the merger of Federation Centres and Novion Property Group in 2015, this company owns and manages a portfolio packed with some of the most iconic shopping centres across Australia. Vicinity Centres operates primarily as a Real Estate Investment Trust (REIT), allowing investors to buy shares and receive returns in the form of dividends, sourced from the rental income and long-term value growth of its properties. This organizational approach gives Vicinity Centros a dual focus: maintaining robust relationships with retail tenants to ensure steady income streams while constantly innovating and upgrading their properties to maximize value and foot traffic. The company makes its money by leasing retail spaces to a diverse mix of tenants, from high-profile international brands to local Australian businesses, ensuring a broad appeal and a resilient tenancy base. This rental income is the lifeblood of Vicinity Centres, but their revenue strategy is not just about collecting rent. They also focus on developing vibrant, community-centric environments within their centres, often incorporating entertainment venues, dining options, and experiences that draw in visitors and increase dwell time. By doing so, Vicinity not only boosts the attractiveness of its properties to consumers but also enhances the desirability and profitability of its spaces for tenants, which in turn supports rental growth and high occupancy rates.

VCX Intrinsic Value
2.41 AUD
Undervaluation 13%
Intrinsic Value
Price

See Also

What is Vicinity Centres's PP&E Net?
PP&E Net
29.2m AUD

Based on the financial report for Jun 30, 2024, Vicinity Centres's PP&E Net amounts to 29.2m AUD.

What is Vicinity Centres's PP&E Net growth rate?
PP&E Net CAGR 10Y
17%

Over the last year, the PP&E Net growth was 4%. The average annual PP&E Net growth rates for Vicinity Centres have been -1% over the past three years , 23% over the past five years , and 17% over the past ten years .

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