Commercial property: AFR Rich Lister Nick Andrianakos buys stake in Broadmeadows Central mall
The acquisition of a half-stake in Broadmeadows Central consolidates the billionaire’s relationship with ASX-listed Vicinity.
Source: afr.com
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Vicinity Centres anoints Peter Huddle to lead as clouds loom in retail
Previously acting in the role, Peter Huddle will hand down his first financial results as chief executive this month, amid uncertain conditions facing both retailers and their landlords.
Source: afr.com
ASX Live: ASX to open flat amid broad selling in New York
Australian shares creep up as consumer staples, health care gain. US tech stocks retreated. Flight Centre in $211m UK buy. Vicinity names next CEO. Bubs challenged by China lockdowns. Follow updates here.
Source: afr.com
Vicinity Centres CEO Grant Kelley departed after sexual harassment warning
The unexpectedly early departure of Grant Kelley last week followed adverse findings of sexual harassment and workplace dysfunction.
Source: afr.com
ASX LIVE: Australian shares poised to open lower, Dow lifts on rate hopes; CBA $2.5b Q1 profit
ASX opens lower as US stocks close lower in late sell-off. AGL blames strike on ‘couple of large shareholders’, needs $20b over 12 years. Incitec Pivot demerger timeline blows out. CBA’s profit rises 2pc to $2.5b, shares rise. Life360 dives 9pc. Follow for updates.
Source: afr.com