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Vicinity Centres Advances Premium Portfolio with Uptown Acquisition and Strong FY26 Interim Results
9:04am on Wednesday 18th of February, 2026 AEDT
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Real Estate
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Vicinity Centres Advances Premium Portfolio with Uptown Acquisition and Strong FY26 Interim Results
9:04am on Wednesday 18th of February, 2026 AEDT
Key Points
Statutory net profit surges to $805.6 million in 1H FY26
Acquisition of remaining 75% interest in Uptown for $212 million
Comparable net property income growth of 3.7%, leasing spread up 4.6%
Divestment of $327 million in non-strategic assets at premium prices
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VICINITY CENTRES (ASX:VCX)
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