Vicinity Centres (VCX)
All research reports and stock updates for Vicinity Centres.
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Real Estate
Vicinity Centres (VCX)
Still Standing
The result was more positive than what the market was expecting with a slight beat on earnings, however it was largely driven by a A$25.1m reversal of a prior year’s leasing provision.
Real Estate
Vicinity Centres (VCX)
Upgrade to Hold
Central banks are likely to slow, then pause rate hikes in early 2023. This will release the key headwind of performance for the REIT sector, including VCX.
Real Estate
Vicinity Centres (VCX)
Retail: Checked out
The willingness of the market to discount shopping centre asset values, suggests that structural and cyclical factors, will continue to weigh on the share price next 12-months.