Why the Vicinity Centres (ASX:VCX) share price is down 38% in 1 year
Why the Vicinity Centres (ASX:VCX) share price is down 38% in 1 year Ken Hall | January 12, 2021 11:25am | More on: There’s no denying 2020 was a tough year for the Vicinity Centres (ASX: VCX) share price. Shares in the Aussie real estate investment trust (REIT) have slumped 38% in the last 12 months to $1.55 per stapled security. So, what’s driving the REIT’s shares lower? Why has the Vicinity Centres share price slumped lower? The coronavirus pandemic had a big impact on retail real estate valuations in 2020. Tightening restrictions across the country reduced foot traffic and in-s...
Source: fool.com.au