Vicinity Centres (VCX) security price
29 June 2017
30 June 2017
Chadstone Shopping Centre, VIC
DFO Homebush, NSW
Emporium Melbourne, VIC
FY17 interim results briefing – view now
Vicinity Centres released its FY17 interim results to the ASX on Wednesday 15 February 2017.
Read our inaugural sustainability report to find out more about how we are creating shared value for Vicinity and our stakeholders.
Use the buttons below to view or download our latest Annual report, or find prior reports in the Financial Results section by clicking here.
A copy of all releases made to the Australian Securities Exchange (ASX) can be found below. A search function is provided for your ease of navigation. For releases made by Federation Centres and its former entities prior to 3 February 2015 and Novion and its former entities refer to ‘RELEASES – PRIOR FUNDS’.
The list below provides access to releases made by Federation Centres and its former entities prior to the Merger announcement on 3 February 2015 and releases made by Novion and its former entities. A search function and filters are provided for your ease of navigation.
We make half-yearly dividend and distribution payments to Securityholders. These are paid in February and August for the corresponding December and June six-monthly periods. We encourage all Securityholders to receive their payments by direct credit. To update Australian banking details on your registered holding contact our Security Registry on 1300 887 890, or you can update your details online here.
A summary of securityholder payments made by the Group (or Federation Centres) since 2012 can be found here.
A summary of securityholder payments made by Novion Property Group can be found here.
From the aggregation of Federation Centres^ on 5 December 2011 to 30 June 2015, we have delivered an annual compound return of 21.5%. To put that into perspective, $1,000 invested in Federation Centres at 5 December 2011 would (at 30 June 2015) be worth $1,984 compared to $1,838 invested in the S&P/ASX 200 Property Accumulation (A-REIT) Index.
The relative performance of the Group over the following periods is as follows:
S&P/ASX 200 Property Accumulation Index
S&P/ASX 200 Accumulation Index
^ Vicinity Centres traded as Federation Centres prior to 2 November 2015.
^^ Compound average annual growth rate.
To assist you in better understanding our business, we have provided below some answers to the most commonly asked questions we receive.
General questions answered about listed property trusts:
Questions answered about Vicinity Centres:
What is an A-REIT?
A-REIT stands for Australian Real Estate Investment Trust. Historically, they have been known as Listed Property Trusts (LPTs). An A-REIT is a property trust which invests in a portfolio of property assets and is listed on the Australian Securities Exchange (ASX). Investors are able to buy securities in an A-REIT on the ASX, which provides them with a share of the ownership of the trust and entitlements to the returns of the trust. The major benefit of A-REITs is that they can provide access to assets that may be otherwise out of reach for individual investors, such as large-scale commercial properties. A-REITs are designed to generate wealth in two ways: they provide exposure to the value of the real estate assets that the trust owns and the accompanying capital growth, as well as rental income. A-REITs may appeal to investors looking to diversify their portfolio into property with potential to receive a regular and consistent income stream.
According to the ASX website, A-REITs that have stapled securities (like Vicinity Centres) provide investors with exposure to a funds management and/or a property development company, as well as a real estate portfolio. A share in a stapled securities fund usually consists of one trust unit and one share in a company. These securities are ‘stapled’ and cannot be traded separately. The trust holds the portfolio of assets, while the related company carries out the fund’s management functions and/or manages any development opportunities.
Being listed on the ASX, securities in A-REITs are traded each day and their price will rise and fall according to market conditions.
What are stapled securities?
Entities on the ASX that have stapled securities, are comprised of two or more entities, such that the units or shares of each entity are stapled together to create a single tradable security. Under stapling provisions, generally only stapled securities may be traded, not the separate units or shares that make up each stapled security.
Each Vicinity Centres stapled security is comprised of one Vicinity Centres Trust unit and one Vicinity Limited share.
What does listed mean?
A company is 'listed' when its securities are quoted (or listed) on the ASX. As the securities of Vicinity Centres are listed on the ASX and actively traded each day (under the trading code ‘VCX’, their value will rise and fall according to market conditions. This is different from other unit trusts (which are unlisted) where the investment manager calculates the unit price daily. Securities in listed entities can be bought or sold via an ASX participant broker.
What is the 'Record Date'?
The Record Date is the date on which the Group’s security register is closed off to identify the securityholders and to calculate any entitlement to the current distribution. All change of address notifications, request for payment of distributions direct to an Australian financial institution, TFN/ABN or exemption notification instructions election forms must be incorporated onto the security register by 5pm on the Record Date to apply for the current distribution and dividend.
Click here to view our key dates.
What brokers report on Vicinity Centres?
The following brokers have coverage of Vicinity Centres. Please email us to obtain the latest broker contact details email@example.com
How do I obtain a Product Disclosure Statement for Vicinity Centres?
As Vicinity Centres is listed on the ASX, you do not require a Product Disclosure Statement or an application form to invest. You can simply buy or sell securities in Vicinity Centres by contacting an ASX participant broker.
How do I buy or sell securities?
As Vicinity Centres is listed on the ASX, you can buy or sell securities in Vicinity Centres directly via the ASX by contacting your ASX participant broker. If you don't have a stockbroker, the ASX provides useful hints at asx.com.au for selecting an appropriate stockbroker, as well as providing a list of participating stockbrokers on the ASX.
Is a Reinvestment Plan (DRP) available?
No. Currently, Vicinity Centres does not offer a Distribution Reinvestment Plan for securityholders.
When is the next distribution payment due?
For details of Vicinity Centres ‘s distribution payment dates and mailings, please refer to the Key dates.
How do I calculate information for my tax return?
Securityholders will be sent an Annual Tax Statement in late August each year. This statement will provide securityholders with the information they require to complete their tax return. If you would like another copy of a previous tax statement, please refer to the Tax information page.
How do I change my registration details, e.g. address, bank account details etc.?
Our Security Registry, Link Market Services has a number of options available to make changes to personal information relating to your securityholding.
Online: Click on Securityholder login located at the top of this page to amend details online or download the appropriate form where necessary. You can also view and update your holding information through the Security Registry's website at linkmarketservices.com.au
Phone: Contact the Security Registry to request an instruction form: on +61 1300 887 890 (8:30am to 5:30pm business days)
Mail: Forward a signed written instruction (include relevant form where necessary) to:
C/- Link Market Services Limited
Locked Bag A14
Sydney South NSW 1235
How do I give notification of my tax file number (TFN)?
Please contact our Security Registry, Link Market Services by phone or put your request in writing. Alternatively, you can update this information online by logging into the ’Securityholder login’ located at the top of this page.
How do I access my current securityholding?
You can access details of your current securityholding by logging into the Securityholder login located at the top of this page.
How can I find historical security prices?
You can access the latest security price (and a range of options on historical pricing) at the security price page on a 20 minute delay, click here.
What is the value of my investment?
As the securities of Vicinity Centres are listed on the ASX, their value can change throughout the day. To calculate the value of your investment, simply multiply the number of securities you hold by the current security price. You can access the latest security price (and a range of options on historical pricing) at the security price page on a 20 minute delay, click here.
You can access your number of securities held by logging into the Securityholder login located at the top of this page.
How do I contact the Security Registry?
Vicinity Centres C/- Link Market Services Limited
Locked Bag A14
SYDNEY SOUTH NSW 1235
Telephone: +61 1300 887 890
Facsimile: +61 2 9287 0303 (+61 2 9287 0309 for proxy voting)