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Vicinity Centres Doubles Profit, Accelerates Shift to Premium Retail Assets
8:30pm on Friday 29th of August, 2025 AEST
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Real Estate
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Vicinity Centres Doubles Profit, Accelerates Shift to Premium Retail Assets
8:30pm on Friday 29th of August, 2025 AEST
Key Points
Statutory net profit doubles to $1,004.6 million in FY25
3.7% comparable net property income growth led by premium assets
Acquisition of 50% stake in Lakeside Joondalup for $420 million
99.5% portfolio occupancy and positive leasing spread of +2.5%
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Vicinity Centres Trust (ASX:VCD)
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