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Vicinity Centres Accelerates Premium Portfolio Growth with Uptown Acquisition

9:22am on Wednesday 18th of February, 2026 AEDT Real Estate
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Vicinity Centres Accelerates Premium Portfolio Growth with Uptown Acquisition

9:22am on Wednesday 18th of February, 2026 AEDT
Key Points
  • Statutory net profit surges to $805.6 million, up from $492.6 million
  • Comparable net property income grows 3.7%, excluding new taxes and levies
  • Acquisition of remaining 75% stake in Uptown for $212 million
  • Portfolio occupancy remains near record high at 99.6%
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